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Home In Brief

Shanghai locks down as COVID surges in China's financial hub

by  Reuters and ILH Staff
Published on  03-29-2022 13:31
Last modified: 03-29-2022 13:31
Shanghai locks down as COVID surges in China's financial hubReuters/Aly Song

Shanghai is home to 26 million residents | Photo: Reuters/Aly Song

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China's financial hub of Shanghai launched a two-stage lockdown of its 26 million residents on Monday, closing bridges and tunnels and restricting highway traffic in a scramble to contain surging COVID-19 cases.

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The snap lockdown, announced by the local government late on Sunday, will split China's most populous city roughly along the Huangpu River for nine days to allow for "staggered" testing by healthcare workers in white hazmat suits.

It is the biggest COVID-related disruption to hit Shanghai, and sent prices of commodities including oil and copper lower on fears that any further curbs could hurt demand in China, the world's second-largest economy.

The curbs mark a turnaround for Shanghai's authorities, who as recently as Saturday denied the city would be locked down as it pursued a more piecemeal "slicing and gridding" approach to try to rein in infections.

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