China is in the grip of a surge in COVID-19 cases due to the highly transmissible Omicron variant.
China posted a record number of daily Covid cases on Wednesday, amid a surge in the Omicron strain.
It stepped up lockdowns in affected areas such as Zhengzhou, home to the world’s largest iPhone plant.
The IMF called on China to recalibrate its Covid-zero stance, to support the economy.
Zhengzhou, a city in east-central China and home to the world’s largest Apple iPhone factory, will largely be locked down from Friday until next Tuesday, local authorities said late on Wednesday.
The restrictions come amid a surge of COVID-19 infections in China. Officials in Zhengzhou are calling the situation — which is mainly concentrated in the urban regions — “still severe and complicated.”
China is experiencing a severe outbreak of the highly transmissible Omicron variant, mounting a challenge to the country’s draconian Covid-zero stance. China reported a record high 31,444 local infections…
This article was written by [email protected] (Huileng Tan) and originally published on www.businessinsider.com