Residents of China’s Rumored Pilot City For Reopening Told To Stay Home As Cases Spike Anew

On Monday, Shijiazhuang, the city that was recently rumored to be the ‘test case’ for the country easing its punishing Covid Zero policy, told its 11 million residents to stay home for the next five days, forbidding those who live in ‘high risk’ areas to leave. Cases surged over the weekend, with Sunday seeing 641 new infections.

Shijiazhuang’s six major districts will undergo a mass testing exercise, all in-person classes at primary and middle schools have been suspended, and university students will not be allowed to leave campuses as universities will be put in closed loops.

This comes just a week after the city’s officials brushed off rumors that it was being used as a pilot zone for easing virus restrictions. The city was following China’s new policy adjustment, which was released in the form of a 20-point playbook. It instructed officials to stop mass testing in most areas and to only do city-wide tests if the source of the infection is unknown.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

The new guidelines were introduced with officials emphasizing that they were not relaxing rules, but rather refining them, or “doing a better job in our epidemic prevention, control, and disposal work in a more precise and scientific manner.”

But barely two weeks into the updated measures and the country’s top leaders are already worried that they may have ‘over-relaxed’ the restrictions. On Monday, the National Health Commission released a guide to the implementation of the 20 measures. 

The guidelines include a directive that large cities with over 10 million residents should undertake mass testing at a district level when at risk of growing outbreaks. So-called high-risk areas will also be required to take one round of mass PCR testing after five days of zero new infections before they can be reclassified as low-risk.

The country also saw its first Covid-related death in six months on Saturday, followed by two more on Sunday. All fatalities were recorded in Beijing. The capital reported 962 new infections on Monday, up from 621 a day earlier. The National Health Commission on Sunday reported 26,824 local infections across the country in the previous 24 hours, a figure that’s closing in on April’s peaks.

“It feels like one step forward, two steps back,” Willer Chen, an analyst at Forsyth Barr Asia Ltd told Bloomberg on the subject of the possibility of China finally reopening. “The market had been too optimistic.” 

Across Asia, share markets dropped on Monday, with Hong Kong’s Hang Seng China Enterprises Index falling as much as 3.7%, for the fourth session. 


Information for this briefing was found via Bloomberg, The Guardian, and the sources and companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

8 Mining Stocks Our Viewers Asked Us to Review | Sept 14th-18th

Canada Is Finally Fast-Tracking New Mines | John Passalacqua – First Phosphate

Gold & Silver Just Added $2 Billion to This Project | Aya Gold – Bourmadine PEA

Recommended

Mercado Minerals Signs LOI for La Franca, Adding 750 Metres of Undrilled Vein at Zamora

Goliath Hits Visible Gold In Bonanza Zone Step-Outs, Drills 9.12 g/t Gold Equivalent Over 11.27 Metres

Related News

The Omicron Variant Is Highlighting The Flaws Of China’s Zero-Covid Strategy

Contrary to what Chinese authorities want their residents to believe, the highly transmissible Omicron variant...

Saturday, April 9, 2022, 03:17:00 PM

Surtaxes On China to Generate $473 Million, But Canadian Construction Faces Higher Costs

Canada’s recent implementation of surtaxes on Chinese-made electric vehicles, steel, and aluminum is set to...

Sunday, December 8, 2024, 03:35:00 PM

Shanghai’s Strict Lockdown Proponent Is Xi Jinping’s Newest Premier

Chinese President Xi Jinping has been elected for an unprecedented third term–and while he forecasts...

Monday, October 24, 2022, 10:17:00 AM

Evergrande Fails to Make a $45.2M Interest Payment on Second Offshore Bond

Heavily-indebted Evergrande has once again failed to make an interest payment on an offshore bond,...

Thursday, September 30, 2021, 11:04:00 AM

Russia’s Wagner Group Suspected of Gunning Down Chinese Nationals at African Gold Mine

Nine Chinese nationals working at a gold mine in the Central African Republic were killed...

Monday, March 20, 2023, 12:40:00 PM