fbpx
  • About us
  • Advertise
  • Contact
  • Nominate
  • Client’s Voice
  • Login
  • Register
📖 Magazine
The Global Economics
  • Home
  • Banking
    • All
    • Central
    • Commercial
    • Digital
    • Islamic
    • Private
    Al Salam Bank Q1 net profit rises a strong 7% to USD17.3 million

    Al Salam Bank Q1 net profit rises a strong 7% to USD17.3 million

    Saudi banks big on new digital future; fintech transactions to outdo the USD 33 billion thresholds by 2023

    Saudi banks big on new digital future; fintech transactions to outdo the USD 33 billion thresholds by 2023

    OPay obtains approval of Egypt's CBE to issue prepaid cards

    OPay obtains approval of Egypt’s CBE to issue prepaid cards

    Reserve Bank of Australia left its cash rate at the most significant low of 0.1% on Tuesday

    Reserve Bank of Australia left its cash rate at the most significant low of 0.1% on Tuesday

    Cross River Bank gets USD3 Billion+ valuation and a crypto-first strategy

    Cross River Bank gets USD3 Billion+ valuation and a crypto-first strategy

    Digital voice-based banking to become the new reality in 2022?

    Digital voice-based banking to become the new reality in 2022?

    Led by Apax Digital, ClearBank raises £175m to accelerate global expansion

    Led by Apax Digital, ClearBank raises £175m to accelerate global expansion

    Al Salam acquires Ithmaar Bank for USD2.2 Billion to power Consumer Banking division

    Al Salam acquires Ithmaar Bank for USD2.2 Billion to power Consumer Banking division

    An Ode to the 5 Arab Women Reigning the Business World

    An Ode to the 5 Arab Women Reigning the Business World

  • Non Banking
    • All
    • Crypto & Fintech
    • Currencies
    • Funds
    • Insurance
    • Mergers & Acquisitions
    • Taxation
    • Wealth & Asset Management
    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

    New AI startup by Co-founders of DeepMind and LinkedIn raises USD 225 million

    New AI startup by Co-founders of DeepMind and LinkedIn raises USD 225 million

    In new move in 2022, IMF raises weighting of dollar, yuan in Special Drawing Rights basket

    In new move in 2022, IMF raises weighting of dollar, yuan in Special Drawing Rights basket

    Vodafone shares up after USD 4.4 billion UAE stake buy

    Vodafone shares up after USD 4.4 billion UAE stake buy

    Ather Energy raises USD128 million in series-E funding

    Ather Energy raises USD128 million in series-E funding

    Malaysia may cut palm oil export tax by 50 percent amid global supply crisis

    Malaysia may cut palm oil export tax by 50 percent amid global supply crisis

    UK’s Morrisons to buy McColl’s ahead of Asda owners

    UK’s Morrisons wins race to buy McColl’s ahead of Asda owners

    Volkswagen AG augments electric vehicle investment in Spain to EUR 10 billion

    Volkswagen AG augments electric vehicle investment in Spain to EUR 10 billion

    Hatten Land collaborates with Focus Media to invest USD 1.21 million in new eSports centre project

    Hatten Land collaborates with Focus Media to invest USD 1.21 million in new eSports centre project

  • Markets
    • All
    • Brokerage
    • Energy
    • Forex
    • Ultility
    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

    Panama to develop largest advanced biorefinery to make lower-carbon aviation fuel by 2026

    Panama to develop largest advanced biorefinery to make lower-carbon aviation fuel by 2026

    Brazil mills cancel new sugar export contracts, shift output to ethanol

    Brazil mills cancel new sugar export contracts, shift output to ethanol

    World’s No.2 producer of wheat, India, bans wheat exports in new move

    World’s No.2 producer of wheat, India, bans wheat exports in new move

    Australian stocks fall lower amidst worldwide sell-off; ASX 200 witnesses AUD 50 billion incineration

    Australian stocks fall lower amidst worldwide sell-off; ASX 200 witnesses AUD 50 billion incineration

    Volkswagen AG augments electric vehicle investment in Spain to EUR 10 billion

    Volkswagen AG augments electric vehicle investment in Spain to EUR 10 billion

    Germany changes stance: Could back new and immediate EU ban on Russian oil

    Germany changes stance: Could back new and immediate EU ban on Russian oil

    Russia attacks Ukraine grain network in bid to cut competition

    Russia attacks Ukraine grain network in new bid to cut competition

    Crisis talks in EU after Russia cuts gas to 2 member countries

    Crisis talks in EU after Russia cuts gas to 2 member countries

  • Infrastructure
    • All
    • Education
    • Healthcare
    • Logistics
    • Real Estate
    • Telecom
    • Transportation
    Egypt’s Communication Ministry launches new Ashbal Misr Digital Initiative for 2022

    Egypt’s Communication Ministry launches new Ashbal Misr Digital Initiative for 2022

    In 2022, Abu Dhabi real estate records a boom with an influx of international investors

    In 2022, Abu Dhabi real estate records a new boom with an influx of international investors

    Stellantis sees India as profitable auto market amid challenges in China, Russia in 2022

    Stellantis sees India as profitable auto market amid challenges in China, Russia in 2022

    New EdTech startup STEMuli raises USD3.25M to transform learning with Educational Metaverse

    New EdTech startup STEMuli raises USD3.25M to transform learning with Educational Metaverse

    Modern Indian architecture creating heat waves in 21st century

    Modern Indian architecture creating heat waves in 21st century

    Vodafone shares up after USD 4.4 billion UAE stake buy

    Vodafone shares up after USD 4.4 billion UAE stake buy

    Ather Energy raises USD128 million in series-E funding

    Ather Energy raises USD128 million in series-E funding

    Leaked: Spain to Reveal Draft Bill for Menstrual Leaves to the Cabinet in May 2022

    Leaked: Spain to Reveal Draft Bill for Menstrual Leaves to the Cabinet in May 2022

    For 2022, BT and Warner Bros Discovery jointly create new pay-TV sport business

    For 2022, BT and Warner Bros Discovery jointly create new pay-TV sport business

  • Lifestyle
    • All
    • Fashion
    • Hospitality
    • Retail
    • Technology
    • Tourism
    Egypt’s Communication Ministry launches new Ashbal Misr Digital Initiative for 2022

    Egypt’s Communication Ministry launches new Ashbal Misr Digital Initiative for 2022

    New AI startup by Co-founders of DeepMind and LinkedIn raises USD 225 million

    New AI startup by Co-founders of DeepMind and LinkedIn raises USD 225 million

    Greek Tourism in new partnership with Qatar Airways, Wego for tourism in 2022

    Greek Tourism in new partnership with Qatar Airways, Wego for tourism in 2022

    Minor Hotels to launch 4 new properties, 2 brands in Middle East this year

    Minor Hotels to launch 4 new properties, 2 brands in Middle East this year

    Saudi government likely to add to its $500bln NEOM commitment

    Saudi government likely to add to its USD500 billion NEOM commitment

    Deutsche Hospitality unveils big Middle East expansion plans for 2022

    Deutsche Hospitality unveils big Middle East expansion plans for 2022

    UK’s Morrisons to buy McColl’s ahead of Asda owners

    UK’s Morrisons wins race to buy McColl’s ahead of Asda owners

    Lufthansa and TripActions launch New Travel Platform for SMEs

    Lufthansa and TripActions launch New Travel Platform for SMEs in 2022

    Abu Dhabi launches new 2022 ‘Summer Like You Mean It’ campaign

    Abu Dhabi launches new 2022 ‘Summer Like You Mean It’ campaign

  • FeatureNew
    • All
    • Business Leaders
    • Exclusive Coverage
    • Long reads
    • Startups
    Beema Insurance - Fastest Growing InsurTech Company

    Beema Insurance – Fastest Growing InsurTech Company 2021

    Freight and Logistics firm, Bosta, declares office launch in Riyadh; eyes on global expansion in 2022

    Freight and Logistics firm, Bosta, declares office launch in Riyadh; eyes on global expansion in 2022

    The Internet – Are We Safe in the 21st Century?

    The Internet – Are We Safe in the 21st Century?

    An Ode to the 5 Arab Women Reigning the Business World

    An Ode to the 5 Arab Women Reigning the Business World

    Nine women entrepreneurs at the helm of crypto success in 2022

    Nine women entrepreneurs at the helm of crypto success in 2022

    Top 10 Countries Considered as the Best Business Hubs in 2022

    Top 10 Countries Considered as the Best Business Hubs in 2022

    Accel unveils a new USD 650 million fund for India and Southeast Asia

    Accel unveils a new USD 650 million fund for India and Southeast Asia

    Riyadh: The Saudi-Kyrgyz business forum at FSC in 2022 boosts the two countries’ relations

    Riyadh: The Saudi-Kyrgyz business forum at FSC in 2022 boosts the two countries’ relations

    Meta for MENA; SMEs receive boost in 2022

    Meta for MENA; SMEs receive boost in 2022

  • Awards
No Result
View All Result
  • Home
  • Banking
    • All
    • Central
    • Commercial
    • Digital
    • Islamic
    • Private
    Al Salam Bank Q1 net profit rises a strong 7% to USD17.3 million

    Al Salam Bank Q1 net profit rises a strong 7% to USD17.3 million

    Saudi banks big on new digital future; fintech transactions to outdo the USD 33 billion thresholds by 2023

    Saudi banks big on new digital future; fintech transactions to outdo the USD 33 billion thresholds by 2023

    OPay obtains approval of Egypt's CBE to issue prepaid cards

    OPay obtains approval of Egypt’s CBE to issue prepaid cards

    Reserve Bank of Australia left its cash rate at the most significant low of 0.1% on Tuesday

    Reserve Bank of Australia left its cash rate at the most significant low of 0.1% on Tuesday

    Cross River Bank gets USD3 Billion+ valuation and a crypto-first strategy

    Cross River Bank gets USD3 Billion+ valuation and a crypto-first strategy

    Digital voice-based banking to become the new reality in 2022?

    Digital voice-based banking to become the new reality in 2022?

    Led by Apax Digital, ClearBank raises £175m to accelerate global expansion

    Led by Apax Digital, ClearBank raises £175m to accelerate global expansion

    Al Salam acquires Ithmaar Bank for USD2.2 Billion to power Consumer Banking division

    Al Salam acquires Ithmaar Bank for USD2.2 Billion to power Consumer Banking division

    An Ode to the 5 Arab Women Reigning the Business World

    An Ode to the 5 Arab Women Reigning the Business World

  • Non Banking
    • All
    • Crypto & Fintech
    • Currencies
    • Funds
    • Insurance
    • Mergers & Acquisitions
    • Taxation
    • Wealth & Asset Management
    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

    New AI startup by Co-founders of DeepMind and LinkedIn raises USD 225 million

    New AI startup by Co-founders of DeepMind and LinkedIn raises USD 225 million

    In new move in 2022, IMF raises weighting of dollar, yuan in Special Drawing Rights basket

    In new move in 2022, IMF raises weighting of dollar, yuan in Special Drawing Rights basket

    Vodafone shares up after USD 4.4 billion UAE stake buy

    Vodafone shares up after USD 4.4 billion UAE stake buy

    Ather Energy raises USD128 million in series-E funding

    Ather Energy raises USD128 million in series-E funding

    Malaysia may cut palm oil export tax by 50 percent amid global supply crisis

    Malaysia may cut palm oil export tax by 50 percent amid global supply crisis

    UK’s Morrisons to buy McColl’s ahead of Asda owners

    UK’s Morrisons wins race to buy McColl’s ahead of Asda owners

    Volkswagen AG augments electric vehicle investment in Spain to EUR 10 billion

    Volkswagen AG augments electric vehicle investment in Spain to EUR 10 billion

    Hatten Land collaborates with Focus Media to invest USD 1.21 million in new eSports centre project

    Hatten Land collaborates with Focus Media to invest USD 1.21 million in new eSports centre project

  • Markets
    • All
    • Brokerage
    • Energy
    • Forex
    • Ultility
    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

    Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

    Panama to develop largest advanced biorefinery to make lower-carbon aviation fuel by 2026

    Panama to develop largest advanced biorefinery to make lower-carbon aviation fuel by 2026

    Brazil mills cancel new sugar export contracts, shift output to ethanol

    Brazil mills cancel new sugar export contracts, shift output to ethanol

    World’s No.2 producer of wheat, India, bans wheat exports in new move

    World’s No.2 producer of wheat, India, bans wheat exports in new move

    Australian stocks fall lower amidst worldwide sell-off; ASX 200 witnesses AUD 50 billion incineration

    Australian stocks fall lower amidst worldwide sell-off; ASX 200 witnesses AUD 50 billion incineration

    Volkswagen AG augments electric vehicle investment in Spain to EUR 10 billion

    Volkswagen AG augments electric vehicle investment in Spain to EUR 10 billion

    Germany changes stance: Could back new and immediate EU ban on Russian oil

    Germany changes stance: Could back new and immediate EU ban on Russian oil

    Russia attacks Ukraine grain network in bid to cut competition

    Russia attacks Ukraine grain network in new bid to cut competition

    Crisis talks in EU after Russia cuts gas to 2 member countries

    Crisis talks in EU after Russia cuts gas to 2 member countries

  • Infrastructure
    • All
    • Education
    • Healthcare
    • Logistics
    • Real Estate
    • Telecom
    • Transportation
    Egypt’s Communication Ministry launches new Ashbal Misr Digital Initiative for 2022

    Egypt’s Communication Ministry launches new Ashbal Misr Digital Initiative for 2022

    In 2022, Abu Dhabi real estate records a boom with an influx of international investors

    In 2022, Abu Dhabi real estate records a new boom with an influx of international investors

    Stellantis sees India as profitable auto market amid challenges in China, Russia in 2022

    Stellantis sees India as profitable auto market amid challenges in China, Russia in 2022

    New EdTech startup STEMuli raises USD3.25M to transform learning with Educational Metaverse

    New EdTech startup STEMuli raises USD3.25M to transform learning with Educational Metaverse

    Modern Indian architecture creating heat waves in 21st century

    Modern Indian architecture creating heat waves in 21st century

    Vodafone shares up after USD 4.4 billion UAE stake buy

    Vodafone shares up after USD 4.4 billion UAE stake buy

    Ather Energy raises USD128 million in series-E funding

    Ather Energy raises USD128 million in series-E funding

    Leaked: Spain to Reveal Draft Bill for Menstrual Leaves to the Cabinet in May 2022

    Leaked: Spain to Reveal Draft Bill for Menstrual Leaves to the Cabinet in May 2022

    For 2022, BT and Warner Bros Discovery jointly create new pay-TV sport business

    For 2022, BT and Warner Bros Discovery jointly create new pay-TV sport business

  • Lifestyle
    • All
    • Fashion
    • Hospitality
    • Retail
    • Technology
    • Tourism
    Egypt’s Communication Ministry launches new Ashbal Misr Digital Initiative for 2022

    Egypt’s Communication Ministry launches new Ashbal Misr Digital Initiative for 2022

    New AI startup by Co-founders of DeepMind and LinkedIn raises USD 225 million

    New AI startup by Co-founders of DeepMind and LinkedIn raises USD 225 million

    Greek Tourism in new partnership with Qatar Airways, Wego for tourism in 2022

    Greek Tourism in new partnership with Qatar Airways, Wego for tourism in 2022

    Minor Hotels to launch 4 new properties, 2 brands in Middle East this year

    Minor Hotels to launch 4 new properties, 2 brands in Middle East this year

    Saudi government likely to add to its $500bln NEOM commitment

    Saudi government likely to add to its USD500 billion NEOM commitment

    Deutsche Hospitality unveils big Middle East expansion plans for 2022

    Deutsche Hospitality unveils big Middle East expansion plans for 2022

    UK’s Morrisons to buy McColl’s ahead of Asda owners

    UK’s Morrisons wins race to buy McColl’s ahead of Asda owners

    Lufthansa and TripActions launch New Travel Platform for SMEs

    Lufthansa and TripActions launch New Travel Platform for SMEs in 2022

    Abu Dhabi launches new 2022 ‘Summer Like You Mean It’ campaign

    Abu Dhabi launches new 2022 ‘Summer Like You Mean It’ campaign

  • FeatureNew
    • All
    • Business Leaders
    • Exclusive Coverage
    • Long reads
    • Startups
    Beema Insurance - Fastest Growing InsurTech Company

    Beema Insurance – Fastest Growing InsurTech Company 2021

    Freight and Logistics firm, Bosta, declares office launch in Riyadh; eyes on global expansion in 2022

    Freight and Logistics firm, Bosta, declares office launch in Riyadh; eyes on global expansion in 2022

    The Internet – Are We Safe in the 21st Century?

    The Internet – Are We Safe in the 21st Century?

    An Ode to the 5 Arab Women Reigning the Business World

    An Ode to the 5 Arab Women Reigning the Business World

    Nine women entrepreneurs at the helm of crypto success in 2022

    Nine women entrepreneurs at the helm of crypto success in 2022

    Top 10 Countries Considered as the Best Business Hubs in 2022

    Top 10 Countries Considered as the Best Business Hubs in 2022

    Accel unveils a new USD 650 million fund for India and Southeast Asia

    Accel unveils a new USD 650 million fund for India and Southeast Asia

    Riyadh: The Saudi-Kyrgyz business forum at FSC in 2022 boosts the two countries’ relations

    Riyadh: The Saudi-Kyrgyz business forum at FSC in 2022 boosts the two countries’ relations

    Meta for MENA; SMEs receive boost in 2022

    Meta for MENA; SMEs receive boost in 2022

  • Awards
No Result
View All Result
The Global Economics
No Result
View All Result
Home Infrastructure Healthcare

Grim situation in Shanghai as new Covid-19 cases force the city under lockdown

Shanghai records over 27,000 new cases in single day

Sunil Bolar by Sunil Bolar
April 14, 2022
in Trending, Healthcare, The Global Economics, Top Stories
Reading Time: 3 mins read
0
Grim situation in Shanghai as new Covid-19 cases force the city under lockdown

Grim situation in Shanghai as new Covid-19 cases force the city under lockdown

30
SHARES
165
VIEWS
FacebookTwitterRedditWhatsAppLinkedInShare Link

Shanghai reported over 27,000 new coronavirus cases, a new daily high, one day after Chinese President Xi Jinping said that the country must continue with its strict Dynamic Covid Clearance policy and pandemic control measures. 

Shanghai is facing China’s worst Covid outbreak since the coronavirus emerged in Wuhan in 2019. Over 25 million residents are under lockdown, although some restrictions were eased in several areas earlier this week.

A wider restriction net to curb the spread of the Omicron variant have disrupted logistics and supply chain systems, and are taking a massive economic toll on the country. This has led many to believe that China’s central bank will announce more stimulus measures.

A study on the 7th of April revealed that 87 of China’s hundred largest cities (by GDP) have imposed some form of quarantine curbs.

Residents of Shanghai have resorted to social media to vent their frustrations and anger over difficulties which include not getting enough food, and the Chinese policy that requires anyone who tested positive, symptomatic or not, have to be quarantined. Residents have complained about poor conditions in the quarantine centers.

The Chinese CDC (Centre for Disease Control) published a home guide to quarantine on Wednesday, offering hopes for a shift in policy on the quarantine curbs imposed in Shanghai. The guide, which recommends being quarantined in a well-ventilated room with plenty of sanitizer and masks, lifted hopes that the central quarantine rule will be eased.

However, when asked by a social media user in an online comments section about who might be eligible for home quarantine, the CDC referred to the old rules.

Shanghai government authorities also gave no hint of any change in approach.

Promising those enduring enforced lockdowns that persistence would pay off in the long run, President Xi said that China must stick to the dynamic Covid Clearance policy as the global pandemic situation remained extremely serious.

The President indicated that there would not be a change in approach to the pandemic control measures, while reiterating that the country must stick to its approach and not relax prevention measures.

Xi’s remarks follow several recent state media articles supporting China’s aggressive COVID strategy even as Shanghai residents labor under restrictions.

Poor conditions in Shanghai quarantine centers

Recently, an article enumerating the human toll of Shanghai’s hard anti-Covid measures went viral on social media platform WeChat. One comment received over half a million likes in under 7 hours, after which the article was removed for allegedly violating WeChat regulations.

One quarantine center in Shanghai had people on camp beds separated by less than an arm’s length distance. One of the occupants said that four toilets were being shared by over 200 people, with no facility for showers.

A city official said that cases continued to rise despite the lockdown mainly because of a backlog of test results and also because of continued transmission among family members. While authorities have not provided exact details of the number of people in quarantine, the city has recorded more than 280,000 cases in March alone.

In order to leave a quarantine center, residents must produce two consecutive negative RT-PCR test results.

Tags: coronavirusCOVID-19lockdownPandemicshanghai
Sunil Bolar

Sunil Bolar

Sunil is a creative person who combines his love for writing with tech and business.

Related Posts

Egypt’s Communication Ministry launches new Ashbal Misr Digital Initiative for 2022
Education

Egypt’s Communication Ministry launches new Ashbal Misr Digital Initiative for 2022

by Sunil Bolar
May 23, 2022
Anthony Albanese sworn in as Australia’s 31st PM, ahead of Quad meet
Top Stories

Anthony Albanese sworn in as Australia’s 31st PM, ahead of Quad meet

by Sunil Bolar
May 23, 2022
Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030
Funds

Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

by Sunil Bolar
May 19, 2022
In 2022, Abu Dhabi real estate records a boom with an influx of international investors
Real Estate

In 2022, Abu Dhabi real estate records a new boom with an influx of international investors

by Sunil Bolar
May 19, 2022
Panama to develop largest advanced biorefinery to make lower-carbon aviation fuel by 2026
Energy

Panama to develop largest advanced biorefinery to make lower-carbon aviation fuel by 2026

by Sunil Bolar
May 19, 2022
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Facebook Twitter Instagram Youtube LinkedIn
The Global Economics

The Global Economics Limited is a UK based financial publication and a quarterly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

DMCA.com Protection Status

  • Privacy
  • Legal
  • Terms of Use
  • Client’s Voice
  • Server Status

norton verified - the global economics

Latest Posts

Egypt’s Communication Ministry launches new Ashbal Misr Digital Initiative for 2022

Egypt’s Communication Ministry launches new Ashbal Misr Digital Initiative for 2022

May 23, 2022
Anthony Albanese sworn in as Australia’s 31st PM, ahead of Quad meet

Anthony Albanese sworn in as Australia’s 31st PM, ahead of Quad meet

May 23, 2022
Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

Egypt to receive USD41.5 billion of investment in hydrogen projects through 2030

May 19, 2022
Download The Global Economics PWA to your mobile or Desktop
PWA App Download
Download The Global Economics Android App to your mobile or Desktop
Android App
Download The Global Economics IOS App to your mobile or Desktop
IOS App

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

No Result
View All Result
  • About us
  • Awards
  • Magazine
  • Client’s Voice
  • Exclusive Coverage
  • Nominate
  • Login
  • Sign Up

All Rights Reserved © 2020 | 🇬🇧 The Global Economics, Business Finance Publication - www.theglobaleconomics.uk 🌏

Welcome Back!

Sign In with Facebook
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Linked In
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Receive the latest news

Subscribe To Our Weekly Newsletter

Get notified about new articles, delivered right into your email inbox.

Go to mobile version