April 29, 2022 - 11:27 AM 265 views
The Global Times, China’s highly powerful news media, reports that
the China’s National Health Commission mentions that they won’t deviate
themselves from the COVID zero policy.
Furthermore, the Health Commission added, "For the past two
years, we have been practicing the dynamic zero-COVID policy, and it has proved
effective. The zero-COVID strategy has become China’s secret weapon to fight
and control the epidemic. This is the best choice, and the main idea is to
protect the health authorities.
It is extremely difficult to halt the spread of the coronavirus in
major cities such as Shanghai and Beijing.
The fight against COVID is a full-fledged civil war.
Pursue the country’s economic progress with a dynamic zero policy
but do not create a conflict with it.
All local governments must cooperate and do their best to balance
the relationship between the COVID response and the country’s economy.
Closing all the cities doesn’t reflect the dynamic zero policy
Amidst the strict lockdown measures, there is a threat to the positive
signs of the economic reopening. This is because of an increase in the number
of COVID cases from the Shanghai reports.
As per Bloomberg, the financial centre reported about 9,970
infections and 52 deaths on Thursday, which is slightly higher when compared to
Wednesday’s 9,764 cases.
In the meantime, Beijing city reported 49 cases on Thursday and on
Wednesday it was 50. This suggests that the mass testing drive in the capital
city of China, Beijing, will further trace the signs of Corona symptoms.
While poor earnings for Amazon and Apple have exacerbated concerns
about technology companies, risk sentiment remains weak amid restricted markets
in Japan. For the day, the S&P 500 futures are down 0.45%.