April 12, 2022
16,850
29
74
0.61%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
0:58Now PlayingWhile Shanghai announced Monday it was easing its Covid-19 lockdown for 43% of housing complexes, the vast majority of its 25 million residents are still subject to tight movement restrictions as China tries to maintain its Covid Zero strategy.
Residents living in places where lockdowns were technically eased said that they were still barred or discouraged from leaving their compounds by property management or neighborhood committee personnel, and those who did make it out onto the streets said no shops were open and staff asked them to leave quickly.
The ostensible easing comes as Shanghai, home to the country headquarters of many domestic and multinational companies and the world’s largest container port, continues to struggle to stop transmission in the worst Covid outbreak in China in two years.
The control measures are now weighing on the world’s second-largest economy and beginning to disrupt global supply chains. There were 23,342 cases in the city Monday, a drop from Sunday’s record but still up from about 5,000 just two weeks ago.
Nevertheless, China’s strict Covid Zero strategy remains paramount. Shanghai’s communist party chief Li Qiang on Monday pledged the city will continue with its lockdown rules to control the outbreak, according to a release on its official Wechat account. The government has also warned that it will reimpose lockdown measures on compounds if they report even a single new case.
Subscribe to our YouTube channel
Subscribe to our newest channel Quicktake Explained
Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
To watch complete coverage on Bloomberg Quicktake 24/7, visit or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app.
Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake
Connect with us on…
Breaking News on YouTube
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.