Covid cases and controls have increased in China this month. Pictured here on Oct. 27, 2022, is a neighborhood in Shanghai that is been fenced in for Covid control.
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BEIJING — Covid controls in China have tightened within the last two weeks after more cities reported virus outbreaks.
The restrictions on business and social activity affected 9.2% of China’s gross domestic product as of Thursday, up from 7% on Oct. 16, in accordance with Nomura’s model.
“For the reason that twentieth National Party Congress kicked off on 16 October, domestic Covid case numbers have been clearly on an upward trajectory,” the firm’s chief China economist Ting Lu and a team said in a report Thursday. “The national lockdown situation has been getting … significantly worse.”
For Thursday, mainland China reported 214 Covid cases with symptoms and 1,123 without. The infections were reported in well over 20 of China’s 31 province-level regions.
Amongst the various outbreaks nationwide, infections within the capital city forced Universal Beijing Resort to shut temporarily starting Wednesday. It was unclear if the resort would re-open in time for Halloween weekend.
Apple supplier Foxconn said Tuesday its factory in Zhengzhou, China, was affected by a small Covid outbreak.
Nevertheless, most of the recent case clusters and ensuing Covid controls have occurred in less economically distinguished parts of the country, comparable to areas inside Qinghai and Xinjiang within the northwest.
The Nomura report also identified that some localities have in a roundabout way announced lockdown measures, making it difficult to evaluate the impact.