Shanghai is overrun by Corona virus.
According to a senior physician at one of Shanghai's leading hospitals, 70 percent of the population of the megacity may now have COVID-19 infection, according to state media on Tuesday. This is as medical professionals nationwide combat an increase in cases.
The majority of Shanghai's 25 million residents, according to Chen Erzhen, vice president of Ruijin Hospital and a member of the COVID expert advisory council.
According to him, the disease has spread throughout Shanghai and may have affected 70% of the population, a 20–30% increase from [in April and May]. He made this statement to Jiangdong Studio, a production company run by People's Daily, the Communist Party mouthpiece.
Chinese health officials claim that the wave has already crested in other significant cities like Beijing, Tianjin, Chongqing, and Guangzhou.
Additionally, worries have been expressed regarding the second-largest economy in the world's near future's possibilities for growth, which has caused instability in international financial markets.
According to data released on Tuesday, China's industry activity decreased more rapidly in December.
Deliveries from Foxconn's Zhengzhou iPhone plant last month were 90 percent of what the company had anticipated due to worker departures and discontent caused by a COVID epidemic.
According to Kristalina Georgieva, the president of the International Monetary Fund, a "bushfire" of illnesses in China in the upcoming months is expected to harm its economy this year and slow global growth.
The most hazardous weeks of the pandemic have begun in China, according to Capital Economics researchers.
They said that mobility data revealed that economic activity was down overall and would probably stay down until illnesses decreased.
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