Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Factbox-COVID-hit Chinese cities seek exit from painful lockdown
    Top Stories

    Factbox-COVID-hit Chinese cities seek exit from painful lockdown

    Published by Wanda Rich

    Posted on May 17, 2022

    4 min read

    Last updated: February 7, 2026

    This image depicts the impact of COVID-19 lockdowns in Chinese cities, highlighting the ongoing struggle against the Omicron variant. It relates to the article discussing the complex situation in cities like Shenzhen and Shanghai as they navigate their lockdown strategies.
    COVID-19 lockdown measures in Chinese cities amidst Omicron variant surge - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:financial stabilityeconomic growthInvestment opportunities

    By Roxanne Liu and Ryan Woo

    (Reuters) – Plans by COVID-hit Chinese cities to exit or avoid lockdown are more fraught and uncertain than ever as the pursuit of zero cases grows more prolonged, taxing and complex, with the highly infectious Omicron variant demanding quicker and tougher steps.

    The lockdowns have led the World Health Organization chief to describe China’s zero-COVID goal as unsustainable, but China says its approach will protect the lives of its people and economy in the longer run.

    SHENZHEN – THE SHORTEST

    Lockdown: March 14-20

    Caseload: More than 1,000 from mid-February to end-March

    With one week of “slow living” in March, Shenzhen had one of the shortest lockdowns among COVID-hit cities with populations of more than 10 million.

    Its decision on citywide testing and mobility curbs was made when caseloads rebounded in mid-March following less disruptive measures earlier in an outbreak that began in February.

    During March 14-20, about 20 million residents underwent multiple rounds of testing and largely stayed at home, with one member of each household allowed out every few days for necessities. Buses and subways were shut and non-essential businesses were halted, while work from home or sealed campuses was implemented.

    It was softer than the hard Wuhan lockdown in 2020 – residents could leave Shenzhen if they had negative PCR tests and private transport was not banned.

    Shenzhen largely achieved zero community cases after seven days of lockdown.

    SHANGHAI MISERY

    Lockdown: Since end-March, gradually easing

    Caseload: More than 600,000 since early March

    Unlike Shenzhen’s swift lockdown, Shanghai initially refrained from a blanket closure. In the first few weeks of its outbreak, the city of 25 million stuck to a “slicing and gridding” policy in which residential compounds and areas took turns sealing up and administering mass testing.

    By the end of March, Shanghai was reporting thousands of new cases a day, leaving authorities with no choice but to seal off the entire city in an unprecedented lockdown that sparked anger over poor access to medical services and daily necessities, fuelled criticism of opaque information disclosures, and dealt a huge blow to the city’s economy.

    Shanghai on April 11 started identifying areas with no infections for at least 14 days and pledged to allow their residents limited mobility, but many complained that in practice they were still confined in residential compounds.

    In mid-May, Shanghai said it had zero transmissions outside quarantine areas and restarted some in-person businesses. Full resumption is expected in June, after two months of lockdown.

    THE BEIJING METHOD

    Lockdown: No

    Caseload: More than 1,000 since April 22

    Beijing, nearly a month into its outbreak, has avoided a Shanghai-style lockdown, having acted quickly even when caseloads were very low.

    Three days into its outbreak, Beijing launched mass testing in its most populous district and immediately expanded that to most of its 21 million population. It also locked down selected areas with infections.

    As Beijing’s caseload grew, some residents were advised not to cross district boundaries and to work from home. Public transport, taxi and ride hailing services were reduced.

    Still, Beijing stopped short of keeping all residents indoors. Nor did it restrict how often people could go out to shop for necessities.

    JILIN LOCKDOWN

    Lockdown: Started on March 14, gradually loosening since late April and largely ended in May

    Caseload: More than 70,000 from March to May

    Jilin in northeast China banned people from leaving the province or from travel between its cities for non-essential reasons on March 14.

    The large-scale travel curb was the first since 2020 when cities in central Hubei province cut off transport routes after the emergence of COVID in Wuhan, Hubei’s capital.

    In late April, daily cases in Jilin dropped to fewer than 100 on some days from a few thousand. Community infections hit zero on April 14.

    BORDER TOWNS

    Some border towns have faced repeated outbreaks and lockdowns such as Ruili, China’s gateway to Myanmar, and Manzhouli in the north.

    China has demanded more stringent measures in border towns, being the first line of defence against imported infections.

    Maguan, next to Vietnam, lifted a lockdown this month after achieving zero cases in an outbreak of about 200 infections, but tough rules remained indefinitely in some areas including bans on travel without permission.

    (Reporting by Roxanne Liu and Ryan Woo; Additional reporting by Beijing newsroom; Editing by Robert Birsel)

    Frequently Asked Questions about Factbox-COVID-hit Chinese cities seek exit from painful lockdown

    1What is community transmission?

    Community transmission refers to the spread of a disease within a community, where individuals contract the disease without known contact with an infected person.

    2What is a PCR test?

    A PCR test, or polymerase chain reaction test, is a diagnostic test used to detect the presence of genetic material from a specific organism, such as a virus.

    More from Top Stories

    Explore more articles in the Top Stories category

    Image for Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Image for Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Image for Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Image for Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Image for Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Image for Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Image for Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Image for PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    Image for A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Image for Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Image for Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Image for ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    View All Top Stories Posts
    Previous Top Stories PostCredit Suisse Group rating downgraded by S&P
    Next Top Stories PostOrbVest CEO: US Demographic Trends Strongly Favor Medical Office Real Estate