In the capital, too, the authorities are again taking strict measures after the current outbreaks.
(Photo: Bloomberg)
Beijing China had only just begun to relax its strict corona measures when the abandonment of the zero-Covid policy was again in question: The number of new corona infections has risen to its highest level since the lockdown in Shanghai in April of this year. As of Sunday, the National Health Commission recorded 27,095 new cases. This also increases the fear of new lockdowns.
Investors who reacted euphorically to the announced easing last week are now unsettled. The leading index CSI300 lost almost one percent, the Hong Kong Hang Seng China Enterprises Index fell by more than two percent, and the European stock exchanges also recorded negative signs.
At the same time, disillusionment spread on the international capital and commodity markets: Brent crude oil from the North Sea and copper both fell by around one percent.
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