As Lockdown Eases, Shanghai Finds First Covid-19 Case Outside Quarantine in 6 Days

Bloomberg Quicktake: Now published this video item, entitled “As Lockdown Eases, Shanghai Finds First Covid-19 Case Outside Quarantine in 6 Days” – below is their description.

Shanghai found the first cases of Covid-19 outside of quarantine in six days, raising questions about whether the easing of the city’s lockdown will be impacted.

Total infections in the Chinese financial hub rose to 858 on Thursday from 719 on Wednesday, with three found outside of government quarantine. Authorities started to ease the lockdown — which had confined residents to their homes and curtailed business activity — earlier this week after the city hit a milestone of three days of zero community transmission.

Officials acknowledged the “huge pressure” to prevent new infections during a daily briefing on the outbreak, though they announced new reopening steps even after the community cases were found. The patients in a village in the suburban Qingpu district were swiftly put into isolation and their close contacts were tested, said Zhao Dandan, deputy head of the city’s health commission.

The end of the Shanghai lockdown is fueling Chinese assets, with the stock market outperforming global peers this month, despite slow progress on the ground in the city.

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