Judging by the quiet streets in China’s capital Beijing and the reluctance of some businesses to drop COVID curbs, enduring anxieties about the coronavirus are likely to hamper a speedy return to health for the world’s second-largest economy. | Reuters
“You see these roads, these streets … they ought to be, busy, full of people. But there’s no one. It’s dead out here.”
The commission announced on Friday that they will convert temporary facilities used for treating COVID patients into permanent hospitals to boost treatment efforts. On the Beijing subway, many seats were empty on Friday night during what should have been rush hour, even though the city this week scrapped the need to show negative tests to ride trains or enter offices.Amid the caution, state broadcaster CCTV announced further easing, with tourism and entertainment venues – including theatres, libraries, internet cafes, and table game centers no longer requiring COVID tests and health codes.
Businesses told Reuters they were expecting to have to grapple with long periods with workers off sick that could hamper operations, perhaps for months. China’s battered yuan currency climbed to a three-month high early on Friday and its stock markets rose as investors looked beyond poor data to growth prospects.
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