Shanghai’s COVID-19 shutdowns continue as shops are forced to close and residents of the city’s financial district are told to stay home

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The COVID-19 pandemic may have mostly subsided in the United States, but in China it appears to be raging again as the city of Shanghai, a crucial part of China’s financial apparatus, forces supermarkets and stores to close and to order residents to stay home until at least Tuesday.

Reuters reported. that the central district of Jingan in Shanghai, which plays a crucial role in the financialization of the Chinese economy, imposes these new restrictions while also planning to carry out mass covid tests in the first half of next week.

Exit permits granted to area residents, which allow people to leave their homes, will be suspended. The local district government did not provide an explanation for the suspension of the passes.

This is just the latest development in Shanghai’s new war against COVID-19.

In late March, Shanghai – which is China’s largest city – began a gradual lockdown as it grappled with a massive rise in cases of the Omicron variant. It was reported that at the time, China was experiencing a number of cases it had not seen since the early days of the pandemic.

Shanghai’s initial lockdown involved shutting down the eastern side of the city, as determined by being east of the Huangpu River, for about a week and then locking down the western side of the city thereafter. for a similar duration.

Along with the shutdowns, the local Communist Party apparatus announced a regiment of sophisticated tests to regulate the health of its residents.

Chinese President Xi Jinping said at the time that the Chinese Communist Party’s goal was to “minimize the impact” of the virus on the economy as authorities strive to maintain the “zero-COVID policy” extremely aggressiveness of the country.

However, the Shanghai shutdowns not only caused disruption to China’s local and national economy, but reverberated around the world and worsened pre-existing economic conditions. For example, CNN reported that the Port of Shanghai is the busiest port in the world for maritime container traffic. Shanghai is also a major aviation hub. Recent covid closures have aggravated port delays and driven up the price of air freight, greatly exacerbating the current supply chain crisis across the globe.

At the start of the lockdown, food orders were canceled because delivery drivers and suppliers could not keep up with demand from Shanghai residents and food delivery services, and people in quarantine facilities run by the government received folk remedies instead of drugs due to the limited supply of resources.

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