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Corona virus in China. The country found itself at a “tipping point”, the worst of which was Beijing world News

Corona virus in China.  The country found itself at a "tipping point", the worst of which was Beijing  world News

China Declaring a record number of COVID-19 infections Thursday, cities across the country have imposed local restrictions, mass testing and other restrictions that only serve to frustrate citizens and worsen the condition of the second-largest economy. ¶ shed – Says Reuters. Number of new in recent days cases The number of coronavirus infections has exceeded 55,000.

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a. Wojciechowski: The government needs money, about PLN 160-170 billion in expenditures

Beijing is at a ‘tipping point’

Half of that number is in Guangzhou and Chongqing, but in Beijing, the number is also growing rapidly. On Monday, the capital’s authorities said the city was passing through a “critical point” and facing the “most serious situation” since the beginning of the outbreak, according to reports. The Daily Guardian. Services advised residents to stay at home. Access to public buildings requires a COVID-19 test result no more than 48 hours away. It was also decided to close cultural institutions, exhibitions and parks.

Analysts from Capital Economics, cites them euronews They see that the coming weeks may be the most difficult in China since the beginning of the epidemic, both for the economy and for health services.

Nomura Brokerage House cut its forecast for Chinese GDP for the fourth quarter to 2.4% from 2.8% in 2010. It cut its full-year growth forecast to 2.8%. of 2.9 percent, which is well below China’s official target of around 5.5 percent.

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China’s “coronavirus zero” is slowing the economy. Everyone is at risk of rising inflation

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China implements “Zero COVID” strategy

Despite the authorities’ promises to reduce the human and economic costs of the strategy to eradicate the Corona virus, the leaders ruled out lifting restrictions and trying to live with the virus. China’s strict restrictions seem surreal in many parts of the world as people have chosen to live with the virus. Such decisions provoke growing social opposition.

On Wednesday, riots broke out at the facilities of the Taiwanese company Foxconn in the eastern Chinese city of Zhengzhou. It is the largest factory in the world that produces iPhones (Foxconn is a subcontractor to Apple), and it is said that it employs about 200,000 people. People.

The employees complained about the delay in paying the promised bonuses to the employees, which was supposedly caused by this restrictions related to the Corona virus.

Employees must also complain about poor accommodation conditions and even having to live with employees who have COVID-19. According to some people, the company locks employees in quarantine and does not provide them with food.

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