COVID On The Comeback In China, 28,000 Cases Is ‘Point Of No Return’

BEIJING, CHINA - NOVEMBER 23: An epidemic control worker wears protective clothing to protect against the spread of COVID-19 as she stands in a nearly empty street in the Central Business District on November 23, 2022 in Beijing, China. In an effort to try to bring rising cases under control, the local government last week closed most stores and restaurants for inside dining, switched  schools to online studies, and asked people to work from home. Though the government recently revised its COVID strategy, it has said it will continue to stick to its strict zero tolerance policy with mandatory testings, quarantines and lockdowns in many areas in an effort to control the spread of the virus. (Photo by Kevin Frayer/Getty Images)

At a glance

  • In the last few days, the mainland China daily Covid case count has climbed to around or more than 28,000 — near levels seen in April during a stringent lockdown in Shanghai, according to CNBC calculations of Wind Information data.
  • “China might have already passed the point of no return, as it’s unlikely to achieve zero Covid again without another Shanghai-style hard lockdown,” Macquarie’s Chief China Economist Larry Hu said in a report Tuesday.

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