Crowds demonstrated in Shanghai on Sunday night, Nov. 27, 2022, as protests continued across China over COVID-19 restrictions. Credit: Danmarks Radio via Storyfulis easing some of the world’s most stringent anti-virus controls and authorities say new variants are weaker.
"China is not ready for a fast reopening yet," Morgan Stanley economists said in a report Monday. "We expect lingering containment measures. … Restrictions could still tighten dynamically in lower-tier cities should hospitalizations surge."The changes follow protests demanding an end to "zero COVID" but are in line with Communist Party promises earlier to reduce disruption by easing quarantine and other restrictions.
Ahead of the protests, the Communist Party promised to make "zero COVID" less costly and disruptive but said it was sticking to the overall containment strategy. Travelers at the Chinese capital's train stations and three airports are required to show a negative virus test within the previous 48 hours. Elsewhere, Guangzhou and other cities said areas deemed at high-risk for infection still face additional curbs.
Forecasters say the struggling economy, already under pressure from weak demand for Chinese exports and a government crackdown on debt in the real estate industry, might be contracting this quarter.
Source: Real Estate Daily Report (realestatedailyreport.net)
Its amazing, all the people that were supporting lockdowns here in the US, now support the people fighting the tyrants. What a bunch of hypocrites. Just goes to show, the lockdowns were never about a virus.
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