LazyLion
King of de Jungle
- Joined
- Mar 17, 2005
- Messages
- 104,816
I have a sinking feeling again… a bad feeling I had 2 years ago, when Wuhan was in a state of panic trying to control the initial outbreak, that the events in China could ripple across the world. I hope I am wrong, but here is why I have this same feeling again…
As of today, mainland China now has city-wide COVID-19 lockdowns in effect in:
- Shenzhen (12.5 million)
- Dongguan (10.5 million)
- Langfang (5.5 million)
- Whole-province-wide lockdown in Jilin (24 million),
- Partial-lockdown restriction in Shanghai (26 million)
- And in Xian (13 million)
Altogether, there’s currently over 50 million residents of major cities under strict, stay at home, lockdown, plus almost 40 million more in partial lockdown, plus additional smaller medium cities also in varying degrees of lockdown. Thus, well over 90 million people in China have their daily activities restricted because of the new COVID surge. As result, China’s stock market so far this week has seen some of the largest drops in recent memory.
Source: https://medriva.com/china-at-a-covid-tipping-point/