Coronavirus outbreak worsens in Guangzhou, southern China

Guangzhou, the southern province of Guangdong, has been the most affected by COVID-19. Pictured are shops closed on 31st October 2022 in some cities.Vcg | Visual China Group | Getty ImagesBEIJING — A surge in coronavirus infections in the capital of China’s export-heavy province of Guangdong is raising concerns that it could put another strain on the country’s economy. Schools in eight of Guangzhou’s 11 districts have moved online classes for most of their students as of Thursday. In the past few days, more parts of the city have ordered people to stay at home and nonessential businesses have closed. Nomura’s chief Chinese economist Ting Lu and his team said in a late memo on Wednesday. “If Guangzhou repeats what Shanghai did in the spring, it will lead to a new pessimism about China,” he said. According to official figures, the increase was only 0.4%. GDP rebounded 3.9% in the third quarter, but exports fell unexpectedly in October. It wasn’t immediately clear to what extent Guangzhou’s recent business restrictions affected the plant’s ability to operate. Many manufacturers are located in the same area but outside the city. State-owned automaker GAC Group said the Guangzhou-based manufacturer has been operating normally since Thursday morning. “The epidemic did not cause any real impact,” the company said in a statement. During this period, the number of asymptomatic infections increased sevenfold to about 2,500. Due to the recent outbreak, the US Chamber of Commerce in China has postponed an event in Guangzhou, which has already been postponed to September, the chamber’s chairman Michael Hart said Thursday. . He expects the city’s Chamber of Commerce events to be delayed two more this year. “The impact of these travels is undermining local governments’ ability to attract investment,” Hart said. I’ve canceled more trips than I could actually do,” he said. Late fall is a popular time for conferences and business trips in China. Guangzhou, in particular, has indefinitely postponed its auto show, which is due to start next week, earlier this year. “The schedule for China’s largest auto show, which was supposed to be held in Beijing, has not been rescheduled. There will be more travel restrictions.” [than getting sick] is to [travel] Can I enter the Beijing health code and come back?” Hart said, referring to a government smartphone app for tracking coronavirus exposure. The city requires anyone entering shopping malls, taxis or public places to use the app. If the app displays a “pop-up window” indicating that the individual has not had a negative Covid test result within the last 3 days or has suspected contact with a Covid infection, the pop-up window will prevent people from entering Beijing. Its appearance has become so frequent and somewhat unpredictable that a Chinese commentator in a widely shared video said that any business trip outside Beijing is a choice between family and work. The video was not released to the public until Thursday morning.Read More The pop-up window in CNBC Pro’s Beijing Health Code app in China also impacts the mobility of people in the capital that have reported an increasing number of infections over the past few days.” Just assume that a certain percentage of the workforce will suffer from pop-up window issues.” Hart noted that virus testing requirements for some office buildings have increased once every 24 hours. “Instead of loosening up, it’s getting tighter in some areas. ”
#Coronavirus #outbreak #worsens #Guangzhou #southern #China

Leave a Comment

Your email address will not be published. Required fields are marked *