Wednesday, March 4, 2026
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

China posts 6-month high Covid count as it sticks with strategy

by Euro Times
November 6, 2022
in Business
Reading Time: 2 mins read
A A
0
Home Business
Share on FacebookShare on Twitter


A health worker wears a protective suit near a testing booth as outbreaks of coronavirus disease (COVID-19) continue in Beijing, China, Oct. 23, 2022.

Thomas Peter | Reuters

China on Sunday reported its highest number of new Covid-19 infections in six months, a day after health officials said they were sticking with strict coronavirus curbs, likely disappointing recent investor hopes for an easing.

China recorded 4,420 new locally transmitted Covid-19 infections on Saturday, the National Health Commission said, the most since May 6 and compared up from 3,659 new local cases a day earlier.

While case numbers are extremely low by global standards, China has stuck with a zero-Covid approach nearly three years into the pandemic that involves lockdowns, quarantines, frequent testing and a drastic decrease in inbound travel.

At a news conference on Saturday, health officials reiterated their commitment to the “dynamic-clearing” approach to Covid cases as soon as they emerge.

China’s anti-Covid measures are “completely correct, as well as the most economical and effective”, said disease control official Hu Xiang. “We should adhere to the principle of putting people and lives first, and the broader strategy of preventing imports from outside and internal rebounds.”

Chinese stocks soared last week on rumors of a possible easing of the Covid curbs, and media reports that some tweaks to policy could be coming soon.

However, many analysts have said they do not expect significant easing to begin until after China’s annual parliamentary session in March.

Goldman Sachs analysts said Saturday’s announcement showed “the government still needs to keep its zero-Covid policy until all preparations are done. This may take a few months, in our view,” they wrote, saying their “baseline” expectation was for a reopening in the April-June quarter.

The southern city of Guangzhou continued to report rising infections, with 66 new locally transmitted symptomatic and 1,259 asymptomatic cases, compared with 111 symptomatic and 635 asymptomatic cases a day before, authorities in the city of nearly 19 million people said.

China’s capital Beijing reported 43 symptomatic and six asymptomatic cases, compared with 37 symptomatic and five asymptomatic cases the previous day.

Still, the annual Beijing marathon took place on Sunday morning under strict Covid protocols, after being cancelled the previous two years.

Some 26,000 participants registered for the event that began under smoggy skies in central Beijing’s Tiananmen Square. Runners were required to take PCR tests for the three days leading up to the race and not to leave Beijing for seven days.



Source link

Tags: 6monthChinacountCovidHighpostssticksstrategy
Previous Post

Axie Infinity (AXS) Can Still Recoup Its 6-Month Loss And Rise 25%

Next Post

Control Of The Senate Could Rest On Abortion And Inflation In Nevada

Related Posts

Arjun Tendulkar’s pre-wedding celebrations turn star-studded affair

Arjun Tendulkar’s pre-wedding celebrations turn star-studded affair

by Euro Times
March 4, 2026
0

Cricketer Arjun Tendulkar and Saaniya Chandhok, middle, throughout their mehendi and sangeet ceremony, in Mumbai, Tuesday, March 3, 2026. Cricketer...

Fig Security emerges from stealth with m

Fig Security emerges from stealth with $38m

by Globes correspondent
March 4, 2026
0

Israeli cybersecurity firm Fig Safety has emerged from stealth with $38 million in Seed and Sequence A financing rounds....

Gaurs Group to invest Rs 100 crore to set up precast plant in Greater Noida

Gaurs Group to invest Rs 100 crore to set up precast plant in Greater Noida

by Euro Times
March 3, 2026
0

Realty agency Gaurs Group will make investments Rs 100 crore to arrange a precast manufacturing plant in Larger Noida as...

Israel continues striking Iran and Lebanon

Israel continues striking Iran and Lebanon

by Globes correspondent
March 3, 2026
0

Because the battle enters its fourth day, Israeli fighter jets proceed placing targets in Iran and Lebanon. The IDF...

Integrating GIFT City & Mumbai could position India as a regional finance powerhouse: Singapore Exchange President

Integrating GIFT City & Mumbai could position India as a regional finance powerhouse: Singapore Exchange President

by Euro Times
March 3, 2026
0

Michael Syn, President of SGX Group (Singapore Trade), sees a historic second unfolding in India’s monetary markets. With GIFT Metropolis...

S&P may cut Berkshire-owned PacifiCorp utility to junk because of wildfires

S&P may cut Berkshire-owned PacifiCorp utility to junk because of wildfires

by Euro Times
March 3, 2026
0

S&P International stated on Monday it might downgrade PacifiCorp, a utility owned by Berkshire Hathaway , to junk standing as...

Next Post
Control Of The Senate Could Rest On Abortion And Inflation In Nevada

Control Of The Senate Could Rest On Abortion And Inflation In Nevada

Mediators Propose to Resume Talks Between Sudan’s Military, Opposition: Reports

Mediators Propose to Resume Talks Between Sudan's Military, Opposition: Reports

What Takaichi’s Victory Says About Youth Politics in the Digital Age — Global Issues

What Takaichi’s Victory Says About Youth Politics in the Digital Age — Global Issues

March 4, 2026
Why AI startups are selling the same equity at two different prices

Why AI startups are selling the same equity at two different prices

March 4, 2026
China is set to kick off its big policy meeting. What will be the key announcements?

China is set to kick off its big policy meeting. What will be the key announcements?

March 4, 2026
3 Signals That Will Determine MercadoLibre’s Next 3 Years

3 Signals That Will Determine MercadoLibre’s Next 3 Years

March 4, 2026
Sources: Amazon Publisher Services, which helps websites run ad auctions, is exploring offering technology to help other apps and sites sell ads in AI chatbots (Catherine Perloff/The Information)

Sources: Amazon Publisher Services, which helps websites run ad auctions, is exploring offering technology to help other apps and sites sell ads in AI chatbots (Catherine Perloff/The Information)

March 3, 2026
Decapitating Amalek: Iran, Purim and the Obligation To Act in Time

Decapitating Amalek: Iran, Purim and the Obligation To Act in Time

March 4, 2026
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

What Takaichi’s Victory Says About Youth Politics in the Digital Age — Global Issues

Why AI startups are selling the same equity at two different prices

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In