News

Shanghai locks down in response to Covid surge

China’s biggest city Shanghai locks down as a part of its ‘zero-covid strategy’ to control the rising cases in the city

The authorities are initiating a two-stage lockdown aiming to split the city along the Huangpu river to allow for COVID testing.

The city of 26 million will be restricted from leaving homes with public transport suspended. Non-essential businesses will also remain closed while the stock exchange remains open.

On its only second day of testing on March 29 2021, Shanghai recorded 4381 asymptomatic cases and 96 symptomatic COVID cases.

The snap lockdown which is a reminder of what China saw at the start of pandemic, is already causing a major disruption in the lives of the residents.

The lockdown announcement came unexpectedly just a day after the Shanghai authorities claimed they will not put Shanghai in lockdown, marking a complete turnover of their claim.

Rijul Baath contributed to this report

Up next
Is Australia’s economy being held hostage by the housing market?

Australia’s growing dependence on property is raising questions about the long-term strength of the economy, with housing affordability.

Read the story →
Ticker Today takes a daily view of the world of news, politics and business.With Ahron YoungWhisky & Suits explores law, property finance and business over fine whisky.With Imran Khan and Chris ChristofiThe Founders Method explores practical lessons and systems for entrepreneursWith Jonathan Byrt and Jesse LeeworthyThe Connector explores property and urban growth across Australia and the UK.With Belinda CoateThe Property Playbook delivers research-led insights for property investors.With Tim Graham and Terry RyderState of Hospitality explores the challenges facing Australia's hospitality.With Jeremy KoadlowBuying Power helps young professionals enter property and build lasting wealth.With Victor and Reshmi KumarThe Airport Economist explores global trade, business and economic outlooks.With Tim HarcourtMedia Movers explores the trends shaping Australia's media and global news.With James ManningBroker Business explores strategies to build, grow and sustain a business.With Rex AfrasiabiMoney Matters explores practical financial strategies to build lasting wealth.With Dr Steven EnticottBeyond Education explores the ideas and technology shaping future learning.With Greg CampitelliTicker Air explores the latest aviation news, travel trends and developments.With Ahron YoungEarly Years Dialogue explores the issues shaping Australia's early learning.With Paul MondoMarkets and Machines explores AI, regulation and trends shaping the markets.With Chris BergSocial Intelligence explores how social media and AI transform our daily lives.With Dr Karen SutherlandThe AI Edge explores how artificial intelligence reshapes the world economy.With Brad Gastwirth

More from Ticker

Watch

More in News

View all →