Shanghai reports record number of new COVID-19 cases
Shanghai is at the center of China's largest COVID-19 outbreak since the coronavirus was first discovered in Wuhan, with a record 26,087 new daily infections reported on Sunday.
Nearly 24,000 of those cases were asymptomatic, Reuters reports.
More than 25 million people live in Shanghai, and several sections of the city have been on lockdown since March 28, with some residents saying they're having a hard time getting food and access to medical care. People living in "prevention areas" of Shanghai are able to walk around their neighborhoods, but have to practice social distancing and prepare for lockdowns if new infections are reported.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Because of the outbreak, experts predict China's economy will expand 5 percent this year, not hitting the official target of 5.5 percent, Bloomberg reports. Shanghai is home to China's biggest port, and with the lockdown leading to a shortage of trucks, containers are piling up and manufacturers are having a hard time moving their finished goods from factories to ships.
Bruce Pang, head of macro and strategy research at China Renaissance Securities Hong Kong Ltd., told Bloomberg that the outbreak "may lead to delays and higher prices, which could stall recovery and further add to global inflation."
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.
-
The ‘menopause gold rush’Under the Radar Women vulnerable to misinformation and marketing of ‘unregulated’ products
-
Voting Rights Act: SCOTUS’s pivotal decisionFeature A Supreme Court ruling against the Voting Rights Act could allow Republicans to redraw districts and solidify control of the House
-
No Kings rally: What did it achieve?Feature The latest ‘No Kings’ march has become the largest protest in U.S. history
-
Will latest Russian sanctions finally break Putin’s resolve?Today's Big Question New restrictions have been described as a ‘punch to the gut of Moscow’s war economy’
-
Warner Bros. explores sale amid Paramount bidsSpeed Read The media giant, home to HBO and DC Studios, has received interest from multiple buying parties
-
China’s rare earth controlsThe Explainer Beijing has shocked Washington with export restrictions on minerals used in most electronics
-
Gold tops $4K per ounce, signaling financial uneaseSpeed Read Investors are worried about President Donald Trump’s trade war
-
The struggles of Aston Martin: burning cash not rubberIn the Spotlight The car manufacturer, famous for its association with the James Bond franchise, is ‘running out of road’
-
Electronic Arts to go private in record $55B dealspeed read The video game giant is behind ‘The Sims’ and ‘Madden NFL’
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
