Friday, September 19, 2025
  • 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

Google Adds Gemini To Chrome After Dodging Forced Sale

Google Adds Gemini To Chrome After Dodging Forced Sale

by Bloomberg News
September 18, 2025
0

Google is incorporating its Gemini synthetic intelligence mannequin all through the Chrome browser, simply two weeks after dodging an antitrust...

Sudhanshu Vats named as new President of ASCI

Sudhanshu Vats named as new President of ASCI

by Euro Times
September 18, 2025
0

Sudhanshu Vats, MD, Pidilite Industries Ltd Sudhanshu Vats, Managing Director of Pidilite Industries Ltd, has been named the brand new...

Accelerate asset monetisation in railways, roads: Sebi chief Tuhin Kanta Pandey

Accelerate asset monetisation in railways, roads: Sebi chief Tuhin Kanta Pandey

by Euro Times
September 18, 2025
0

Capital markets regulator Sebi's chief Tuhin Kanta Pandey on Thursday stated there's a have to "speed up" monetisation of government-held...

Greece delays Israel arms deals due to Gaza – report

Greece delays Israel arms deals due to Gaza – report

by Dean Shmuel Elmas
September 19, 2025
0

The Greek authorities is desirous about closing an in depth arms cope with the Israeli authorities, however the ongoing...

Trupanion, Inc. (TRUP) Analyst/Investor Day Transcript

Trupanion, Inc. (TRUP) Analyst/Investor Day Transcript

by SA Transcripts
September 18, 2025
0

Laura BainbridgeSenior VP of Company Firms & Head of Investor Relations Good day, everybody. Welcome to Trupanion's Annual Investor Day....

Will RBI do a Fed in October after Jerome Powell’s first rate cut of 2025?

Will RBI do a Fed in October after Jerome Powell’s first rate cut of 2025?

by zee business
September 18, 2025
0

Will the Fed's first fee minimize of the Donald Trump 2.0 period be topped up with extra reductions within the...

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

Scholastic Corporation Q1 Loss Increases, Misses Estimates

Scholastic Corporation Q1 Loss Increases, Misses Estimates

September 19, 2025
This Is The Best Way To Boycott Disney

This Is The Best Way To Boycott Disney

September 19, 2025
As Cyber Threats Grow, the Clock Ticks on a Critical Cybersecurity Law – The Cipher Brief

As Cyber Threats Grow, the Clock Ticks on a Critical Cybersecurity Law – The Cipher Brief

September 19, 2025
Google Discover Gains Follow Button and Expands Content Sources

Google Discover Gains Follow Button and Expands Content Sources

September 18, 2025
Google Adds Gemini To Chrome After Dodging Forced Sale

Google Adds Gemini To Chrome After Dodging Forced Sale

September 18, 2025
NCLT approves Gayatri Projects’ settlement plan from promoters

NCLT approves Gayatri Projects’ settlement plan from promoters

September 18, 2025
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

Scholastic Corporation Q1 Loss Increases, Misses Estimates

This Is The Best Way To Boycott Disney

  • 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