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Logistical nightmare for Indians to claim Covid compensation. A vital clue to where Covid came from may sit in Wuhan hospital. China, the country where Covid was first detected nearly two years ago, remains determined to eliminate the virus inside its borders, with officials there showing no signs of backing down.
On Tuesday, the northwestern city of Lanzhou, with a population of more than 4 million people, went into lockdown after just six new daily Covid cases were reported there.
To date, Lanzhou has recorded 68 cases attached to the newest outbreak. And this approach seems set to stay, at least for now. Read More. Medical staff take a swab sample from a man to be tested for the Covid coronavirus in Ganzhou District in Zhangye, in China's northwest Gansu province on October In China's Asia Pacific neighbors, however, things couldn't be more different.
From Monday, South Korea will begin to live with the virus despite thousands of new confirmed cases every week. There is some panic going on among customers and investors. There appears to be some credit rationing to the retail development sector. It is a pretty big shock effect already happening. The real danger is that people are too focused on Evergrande and something else is going on which provides the real trigger. He flagged tax cuts and other measures to help small and medium-sized companies.
Factory activity is being hurt by supply chain issues and power shortages. While China has fared better than most developed countries in its COVID management, heavy-handed lockdowns and restrictions are sapping consumer confidence and decimated the domestic tourism industry.
The Chinese people in general are very jittery. They are not like Americans or Australians. If you have a stream of disconcerting news, they just stop travelling. This is a worry now. Underlying social anxiety about economic and security instability surfaced r this week after a routine government warning to stockpile food and essential goods worked everyone into a lather on social media. The government later rejected speculation the warning was linked to tensions with Taiwan.
At the same time, life continues as normal for many in China. Business owners complain about supply chain issues but say the economy continues to grow, and they are reasonably confident about the future. It is a different story for some foreigners and foreign companies based in China. Ker Gibbs, the president of the American chamber of commerce based in Shanghai, told the Financial Times this week to expect an exodus of foreign executives from the country given there was no end in sight to the border restrictions.
Many Australians based in China and Hong Kong are also frustrated at their inability to travel. Shoppers browse fruit at a market in Shanghai. While the case numbers are minor compared to what other countries are living with ever day, the response is not.
The recent outbreaks have raised the question of how long China can sustain its no-compromises elimination strategy, and at what cost. China has to open, the world has to open. Is there any better shield than our own body?
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