Bloomberg (December 13)
“A sharp increase in China’s Covid infections following an abrupt end to strict pandemic control measures suggests investors may need to pare back on reopening trades, according to Morgan Stanley.”
Tags: Abrupt, China, Covid, End, Infections, Investors, Morgan Stanley, Pandemic control, Pare, Reopening trades, Sharp increase, Strict
New York Times (August 13)
“For many, work is a collection of tasks, not a collection of hours in a certain place…. Taking time for yourself during the work day doesn’t make you lazy, and working a bit on vacation doesn’t make you a workaholic. Dispensing with strict time boundaries should also mean ditching the guilt you might feel for either.”
CNN (August 12)
“Hong Kong has recorded its sharpest annual drop in population,” falling from “7.41 million people to 7.29 million, a 1.6% decrease.” Experts attribute the exodus to “strict Covid control measures and a political crackdown that have taken the shine off a financial hub long advertised as ‘Asia’s world city.’”
Tags: 1.6% decrease, Annual, Asia, Control measures, Covid, Drop, Exodus, Experts, Financial hub, Hong Kong, Political crackdown, Population, Strict
South China Morning Post (May 18)
“A surge in the number of Chinese professionals looking for emigration opportunities in response to China’s strict zero-Covid measures could affect the country’s ambitions to become a science and technology superpower.” The “noticeable spike” in interest in leaving China began after “outbreaks of the Omicron variant emerged in Shanghai” around the end of May.
Tags: Ambitions, China, Emigration, Omicron, Opportunities, Outbreaks, Professionals, Science, Spike, Strict, Superpower, Surge, Technology, Variant, Zero COVID
CNN Business (April 17)
“Nearly 400 million people across 45 cities in China are under full or partial lockdown as part of China’s strict zero-Covid policy.” Collectively, they contribute $7.2 trillion, nearly 40%, of China’s GDP. “Analysts are ringing warning bells, but say investors aren’t properly assessing how serious the global economic fallout might be from these prolonged isolation orders.”
Tags: $7.2 trillion, 400 million, 45 cities, Analysts, China, Economic fallout, GDP, Global, Investors, Isolation, Lockdown, Strict, Warning bells, Zero-Covid policy
Bloomberg (November 1)
“China’s economy showed signs of further weakness in October as power shortages and surging commodity prices weighed on manufacturing, while strict Covid controls put a brake on holiday spending.” The purchasing mangers’ index shows “the economy is under pressure from both the supply and demand side.”
Tags: China, Commodity, Covid, Economy, Manufacturing, October, PMI, Power shortages, Prices, Spending, Strict, Supply, Surging, Weakness
Wall Street Journal (April 19)
In India, New Delhi became the first region “to reimpose sweeping measures like the ones employed last spring.” Though “India has sought to avoid the strict lockdowns that punished its economy last spring… the step was necessary to avoid an even bigger disaster: a complete breakdown of its hospitals.” Experts anticipate “a cascade of other Indian states” following New Delhi into lockdown.
Tags: Breakdown, Disaster, Economy, Experts, Hospitals, India, Lockdowns, New Delhi, Punished, Strict
Boston Globe (December 8)
“Coronavirus cases are reaching record highs. Hospitals are overflowing in several parts of the country…. But as the final weeks of 2020 begin to mirror the grim, early weeks of the pandemic, the shelter-in-place orders and strict industry regulations that helped flatten the curve in the spring are almost nowhere to be found. Instead, public officials are pursuing another approach to managing the virus’s spread: a plea for personal responsibility.”
Tags: Cases, Coronavirus, Curve, Flatten, Grim, Hospitals, Officials, Overflowing, Pandemic, Personal responsibility, Plea, Record, Regulations, Shelter-in-place, Strict
Reuters (November 27)
Europe is struggling “to find a common solution for the upcoming Christmas winter sports season.” Germany and France want the resorts closed while Austria doesn’t. A total closure “would be costly: Austria wants EU compensation for 2 billion euros of expected losses. But allowing people to squeeze into cable cars and enjoy apres-ski may pile pressure on national health systems as Europe fights a second wave of Covid-19. Without a coordinated and strict EU approach, a post-Christmas virus resurgence could be on the cards.”
Tags: Austria, Cable cars, Christmas, Compensation, COVID-19, EU, Europe, France, Germany, Second wave, Ski resorts, Solution, Strict, Winter sports
Washington Post (October 16)
“Europe set a record this week for new coronavirus infections, overtaking the United States in cases per capita.” With the new surge, Covid-19 has become “Europe’s fifth-leading cause of death” and there is now the potential that “death rates on the continent this winter could be five times as bad as the April peak if people are not strict about masks and social distancing.”
Tags: Cases, Coronavirus, COVID-19, Death rates, Europe, Masks, Peak, Record, Strict, U.S.
