Mon. May 16th, 2022
Shanghai by the numbers: China's Covid lockdowns

The Huangpu River splits the Chinese language metropolis of Shanghai between the older settlement on the west and the newer, monetary middle on the east.

Johannes Eisele | Afp | Getty Pictures

China’s newest wave of Covid restrictions has pressured tens of millions of individuals — roughly thrice as many as reside in New York Metropolis — to remain residence and bear mass virus testing within the metropolis of Shanghai.

As Covid instances started to spike in late February, Shanghai tried to manage the outbreak with focused, neighborhood lockdowns. However the metropolis, a middle for world transport, manufacturing, finance and commerce, determined in late March to implement a two-stage lockdown that quickly utilized to all districts, usually forcing individuals to not depart their flats.

Most individuals exterior China know that Shanghai is large, however few notice simply how large economically. The next numbers point out the size of Shanghai as an financial middle — and should trace at the price of the lockdown.

Measurement

GDP

World commerce middle

Shanghai sits on the mouth of the Yangtze River, one of many two important rivers in China.

Based on Bernstein:

  • Shanghai is residence to the world’s busiest port, adopted by Singapore.
  • Shanghai’s Pudong airport is the world’s third-busiest cargo airport, behind Memphis, Tennessee, and Hong Kong.

In all, Shanghai accounted for 7.3% of China’s exports and 14.4% of imports in 2021, in accordance with Citi.

Manufacturing and company middle

Finance

Client hub

Learn extra about China from CNBC Professional

Shanghai is residence to 3 of the highest 20 universities in China, in accordance with U.S. Information and World Report.

The variety of foreigners dwelling in Shanghai fell to 163,954 individuals in 2020, down by 21% versus a decade earlier, in accordance with official censuses. The southern province of Guangdong is now residence to essentially the most foreigners in China, at greater than 400,000.

The general variety of foreigners within the nation rose throughout these 10 years by about 40% to 1.4 million individuals — or about 0.1% of China’s inhabitants.

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