According to Bloomberg on September 13, Goldman Sachs Group Inc. believes that Beijing will continue sticking with its draconian zero-tolerance COVID approach even after the twice-a-decade Party meeting to be held on October 16.
Goldman’s China lead Hui Shan and economists reported that the communist regime would focus on maintaining stability as its top priority during this time. Therefore, the capital and surrounding areas have recently gone into lockdown, with stricter virus test requirements and restricted domestic movements in the next month.
Goldman’s economists also noted that the zero-COVID policy would likely persist until after the annual National People’s Congress next year.
Bloomberg reported that Beijing has already put Shijiazhuang , the capital of its neighboring Hebei province, under lockdown from 6 am local time on September 13. All residents of Sanhe city were confined to their homes after just a single positive case was detected.
In addition, other parts of China, including Xinjiang in the northwest and 6 million people of Guiyang in the south, have also been sent into lockdown and subject to non-stop mass testing. The megacity of Chengdu , home to some 21 million residents in the southwest, is also mainly under lockdown.
The outlet noted that while Singapore and New Zealand once fought the COVID-19 virus and are living with it like the U.S. and Europe, the CCP still chooses to isolate itself from the world and pursue the stringent zero-COVID policy.
Last week, Chinese Vice Premier Sun Chunlan , already reiterated that the most crucial goal of the communist regime as the party congress approaches is to control the COVID-19 epidemic while maintaining economic growth.
Chinese media outlet Da Ji Yuan on July 18, reported that the CCP’s propaganda system is trying to censor all different official voices against its zero-COVID approach ahead of the upcoming congress next month.
On June 21, Chinese state media outlet Xinhua News Agency published an article stating that “economic stabilization is a more difficult task than epidemic prevention and control.” The article disappeared for no reason not long after.
Or in the case of Yang Zhanqiu , a virology expert at Wuhan University.
In an interview with CCTV on July 11, Yang said that Omicron and its subvariants are more contagious but much weaker than other previous forms of coronavirus. The current BA.5 subvariant is similar to the common cold, which only affects the nose and throat and does not cause serious symptoms such as pneumonia.
As a result, the Chinese regime took immediate action and deleted the interview video posted by CCTV and many other media outlets across the nation.