Vogon Today

Selected News from the Galaxy

Economic Scenarios

China eases Covid lockdown: economy comes first

As reported by the S outh China Morning Herald , Hina's southern tech hub in Shenzhen lifted restrictions in five districts, saying the Covid-19 outbreak is now mostly under control, all in support of companies still under threat. at lockdowns.

Government agencies and businesses in the districts of Yantian, Guangming, Pingshan, Dapeng and Shenshan Special Cooperation Zone, which have not reported any new cases in recent days, were able to reopen and resume production on Friday, with subway and buses back in operation.
On Thursday evening, the Shenzhen government announced the easing of blockade measures, also promising diversified Covid-19 control measures to help companies and factories. The main commercial areas of the city remain under lockdown, which began on Monday. Foxconn, which assembles Apple, was also able to resume production.
Some of Shenzhen's most populous areas, including the Futian Business and Financial Center and Nanshan Technology District, will remain in isolation until March 20.

Officially Xi Jinping on Thursday called on officials to prioritize the fight against Covid-19 during last Thursday's Politburo meeting. But there has also been talk of new tactics, which makes it clear that, faced with the prospect of an economic recession at this time, even the

The move came after Chinese President Xi Jinping on Thursday called on officials to keep their top priority on Covid-19 under control during a meeting of the Politburo, the Communist Party's main decision-making body. At the same time, however, this new policy indicates that the economy of large companies has its weight even in China and that profits can beat Covid-19 there too, in the country of the “Covid zero” policy. Everywhere, but not in Italy …


Telegram
Thanks to our Telegram channel you can stay updated on the publication of new articles of Economic Scenarios.

⇒ Register now


Minds

The article China eases the Covid lockdown: the economy comes first comes from ScenariEconomici.it .


This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/la-cina-allenta-il-lockdown-covid-leconomia-viene-prima/ on Sat, 19 Mar 2022 11:58:10 +0000.