How are new Covid cases trending nationwide in China?

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Nationwide Covid-19 Cases in China Show Upward Trend

New locally transmitted Covid-19 infections across China have significantly increased, reaching 7,475 on November 7. This figure represents the highest daily count since May 1, indicating a substantial rise from the 5,496 cases reported the previous day. The surge is testing China's strategy of targeted containment measures amidst growing economic pressures.
Guangzhou Emerges as Latest Epicentre

Guangzhou, a major manufacturing hub in Guangdong province, has become China's most recent Covid-19 epicentre. On November 7, the city reported 2,377 new local cases, a marked increase from the 1,971 cases the day prior and a dramatic jump from the double-digit figures seen just two weeks earlier. This rise has prompted varying levels of restrictions and lockdowns in many of Guangzhou's districts, including the central Haizhu district.
Other Cities Experience Significant Case Increases

Beyond Guangzhou, several other economically vital cities are also reporting escalating case numbers. Zhengzhou, a key production base for Foxconn, saw its new local cases more than double to 733 on November 7. In Beijing, authorities detected 64 new local infections, leading to expanded PCR testing and lockdowns of additional buildings and neighbourhoods. The southwestern metropolis of Chongqing reported 281 new local cases, more than doubling from the previous day, resulting in new curbs on entertainment venues in at least four districts.
Nationwide Lockdown Index Rises

The overall impact of these localised outbreaks is reflected in a rising nationwide lockdown index. According to Nomura, this index has increased to 12.2% of China's total GDP, up from 9.5% the previous week. This suggests a tightening of the zero-Covid strategy by local officials, potentially counteracting any fine-tuning of measures by Beijing and impacting investor expectations for a broader reopening.

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How are new Covid cases trending nationwide in China?

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