Update: 1/6/22 Death Angel On The Loose, Delta Pestilence Has Arrived Evidence is Emerging to Suggest That Pestilence Spreads To 31 Provinces In

China, Residents Panic-Shopping, Communities Locked-Down...

China's Desperate To Keep 'Zero COVID' Policy For At Least Another Year — Won't Happen Pestilence Will Kill Million — Tribulation Year Three Becomes Brutal For anti-Christ Governments Around The Global — DEATH

 

The people of Xi’an have grown increasingly bold in their criticism of the government’s poorly-planned and heartless “zero Covid” response. Other Weibo posts challenging official narratives and shredding all-is-well propaganda from the Communist Party have racked up thousands of views.

“In today’s Xian, you can starve to death, can get sick and die, but you just cannot die of Covid,” one Weibo commenter noted glumly.

With China facing the prospect of an omicron-driven wave of COVID cases that's worse than anything the country has seen since it first unleashed SARS-CoV-2 upon the world, analysts on Wall Street are trying to suss out exactly what all this could mean for China's economy, and by extension, the world.

It's clear that an outbreak carries economic costs. Spending on COVID prevention measures could crowd out spending on manufacturing and infrastructure.

Taking into consideration the economic risks and political considerations, a team of analysts at Goldman Sachs expects Beijing to maintain its zero-COVID policy - or ZCP - through late 2022 at the very least. So far, China's outbreaks have been concentrated in a small number of provinces, as the charts below reflect.

Now, Goldman's team acknowledges that the advent of the omicron variant has already prompted its economists to lower their expectations for global growth. And it's not only China that's imposing more restrictions on both travel and its domestic economy. The Netherlands and South Korea are just two examples of countries that have adopted lockdowns to try and stop the spread of omicron.

As far as China's policymakers are concerned, the Zero COVID Policy has a few major benefits, and a few major costs. The benefits are as follows: 1) domestic containment of COVID — few new cases, hospitalizations or deaths, with social order under control; 2) less squeeze on domestic healthcare resources, and 3) a favorable environment for manufacturing production and goods exports.

It also carries clear economic costs, including: 1) constant disruptions to the recovery of close-contact services sectors; 2) weakening the multiplier effect of fiscal expenditure as spending on some COVID prevention measures may crowd out some infrastructure spending, with the former usually less effective than the latter in boosting private consumption and investment, 3) relative isolation from the rest of the world due to substantially less cross-border passenger flows for economic and cultural cooperation.

Taking all this into consideration, the Goldman team expects Beijing to maintain its ZCP through at least late 2022 - so the better part of a year.

But already, China's tourism industry is already struggling from the ZCP.

The Goldman team has sketched a rough analysis of what's to be expected should their base case come true. They have also worked up a "downside" and a "severe downside" scenario as the bank tries to keep ahead of the worst-case scenario.

  • Baseline: The current approach is still effective in containing small occasional Omicron outbreaks in only a few cities. In this case, our ELI stays at 10 in Q1, followed by a gradual decline towards year-end.
  • Downside: Omicron cases spread to multiple provinces, the same as the wave in August 2021, with the epicenter in a densely-populated coastal province Jiangsu. In this case, we assume our ELI increases to an average of 20 in Q1, similar to its level in August 2021, before moderating to around 5 in Q4 this year.
  • Severe downside: Community transmission of Omicron cases happens in most provinces, leading to a national lockdown in Q1 (comparable to the initial Covid-19 outbreak across the country during February-March 2020). Given the high transmissibility of the Omicron variant, some social distancing measures may remain in place until the end of 2022. In this case, our ELI increases sharply to a peak of 80 in January before normalizing gradually to around 10 in late 2022.

Bottom line: Goldman expects scattered outbreaks to shave 0.9% of GDP growth off during the coming year as Beijing stands by its "Zero COVID" policy.

The worst case scenario would see 3.3% taken off the country's growth forecast.

Not that it matters much, but popular opinion is already growing weary of the latest lockdowns. Is there any chance that the CCP listens to its people and decides that ZCP simply isn't sustainable?

Revelation 2:23
I will kill her children with Death, and all the assemblies will know that I am he who searches the minds and hearts. I will give to each one of you according to your deeds…

Just days before the ruling Chinese Communist Party (CCP)’s top conference, COVID-19 has spread to more than a dozen provinces in China.

In a southern city, there were reports of people panic shopping, while in the northeast province Heilongjiang authorities forced the lockdown of residential neighborhoods.

The communist regime’s National Health Commission reported 93 locally transmitted cases in one day on Nov. 3, which is the highest this year. With the largest number of cases, Heihe City in Heilongjiang Province reported 35 cases, and 51 local communities have been shut down.

This comes as the ruling CCP’s conclave—the Sixth Plenary Session—is set to be held in Beijing on Nov. 8–11.

Heihe City held an epidemic press conference on Nov. 2, saying that after the COVID-19 outbreak on Oct. 27, traffic checkpoints were set up on eight roads in and out of the city to strictly control people and vehicles leaving the local area. All hotels used as quarantine sites will be stationed by the epidemic control team and will be under 24/7 lockdown.

For people quarantined at home, the authorities put seals on their doors or installed door sensors on their home and apartment doors to prevent them from going out. Since Oct. 27th, six nucleic acid tests for all residents in the city have been carried out.

Meanwhile, reports in the southern Changzhou City of Jiangsu Province said residents have been panic buying food and supplies, emptying out local supermarkets, after a report of local COVID-19 cases.

“People are mainly grabbing rice, cooking oil, instant noodles, and dried noodles,” said a staff member of a local supermarket.

The Epoch Times has obtained a video showing residents panic buying at a supermarket in Changzhou.

A shop clerk surnamed Liu (alias) at RT-Mart Supermarket in Wujin District of Changzhou City told the Chinese language Epoch Times that the panic buying began on the evening of the 2nd, and all the supermarkets were emptied out on the morning of Nov. 3. Liu said: “Now there is not much rice left in the supermarket, and the vegetable section has been emptied. The supermarket has placed an urgent (purchase) order, but it’s hard to tell if it will be supplied in time.”

On Nov. 3, Changzhou City officially reported 3 new locally transmitted cases. The staff of the Market Operation and Consumption Promotion Office of the Changzhou Municipal Bureau of Commerce told local media that the panic buying in the city was mainly because of the COVID-19 outbreak, and the fear of food and supply shortage in the winter caused by a “Notice on Doing a Good Job in Maintaining Supply and Stabilizing Prices of Vegetables and Other Daily Necessities in the Market this Winter and Spring” issued by the Ministry of Commerce.

Since the Chinese communist regime has consistently covered up the real situation of the COVID-19 epidemic in China since the start of the outbreak in Wuhan, official statistics may not reflect the real number of cases and deaths.

Pestilence Has Arrived: Evidence is Emerging to Suggest That The Delta Covid Variant Poses a Very Real Threat To Patients Who Have Already Been Fully Vaccinated (Pestilence By Way Of Vaccine Kill Shot)

I go back to my original statement in January, this is a "Pestilence", God knew evil men were in labs concocting a virus with the intention of harming humanity. SRH...

Source: HNewsWire    HNewsWire   ZeroHedge   Reference

StevieRay Hansen
Editor,
HNewsWire.com
[email protected]

Remember, the first people Hitler put in concentration camps weren't the Jews. The first people were the intellectuals, because if you take the intellectuals and the doctors off the street, if you stop people from talking, you can control the people.

You can’t say no, you can’t sue for harm, and you can’t see the data underlying the government’s claim that the product is safe and effective. That seems fair.

HNewsWire: “In October, November and December and January There Will Be a Terrible Death Rate, Globally” Will Occur “Exclusively” With Vaccinated People. “Those Deaths Will Be Labeled Swiftly as a New Variant Strain of Covid

1 Comment

  1. Edward O'Hara on November 7, 2021 at 5:46 pm

    When they tested animals their first exposure to the virus after getting the shot went well. But, when exposed to a variant later they all died. Dark winter.

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