Covid-19 pandemic: Shanghai’s locked down elite join grocery hunt
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Even the wealthy are battling to buy foodstuff as Shanghai’s lockdown drags on. Kathy Xu, a single of China’s prime enterprise capitalists and an trader in grocery companies like Meituan, Yonghui Superstores and DingDong Maicai, is having difficulties to get bread and milk, on the net media team Sohu noted, citing a screenshot of a WeChat information that was circulating on social media.


“Could any neighbor add me to the bread chat? We have a number of household users in need to have of bread and milk,” Xu wrote in the group for her housing compound, according to the screenshot.







Cash Now, the organization she launched and which manages $2.5 billion, didn’t quickly reply to a request for remark. Watch additional on how locked down Shanghai residents are scrambling for food stuff. The circulation of Xu’s write-up reflects that food shortages are hitting the city’s large-earners after center-course people have been struggling for weeks. BLOOMBERG


Xi defends zero-Covid plan


Defending his country’s stringently executed zero-Covid plan amid a large surge of coronavirus cases in Shanghai and other metropolitan areas, Chinese President Xi Jinping reported China’s qualified and productive Covid-19 command actions ensured the protected and clean web hosting of Wintertime Olympics.


“We have set very first the health and fitness of all members, adhered to the plan of preventing the coronavirus from re-moving into the place to induce a new epidemic, and strictly applied the prevention and command actions,” Xi said. AP/PTI

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