Shanghai’s Communist Party chief Li Qiang on June 25 announced that the financial hub had finally won its three-month battle fighting COVID-19. However, this so-called “victory” was not without its collateral damage. It came at a huge cost to the Shanghai economy while creating immense suffering for the city’s 25 million people. Li declared the…
Shanghai Declares Victory Over COVID, While Residents Call It a Tragic Joke
Aftermaths of the Shanghai Lockdown Linger
On June 1, Shanghai lifted its two-month-long Covid lockdown, declaring that work and production would resume, except in the “controlled areas” where residents still undergo regular nucleic acid testing. As a result of Beijing’s zero-Covid policy, some commentators believe that residents and businesses alike have reflected on the impact of the communist authority’s extreme measures…
Goya CEO Sees Food Crisis Ahead; Biden Admin to Drop COVID Test for Air Travel | NTD Business
The CEO of Goya Foods sees a food crisis coming this year. He believes Americans are gonna have trouble feeding themselves. How about making some extra cash on the side? Whether it’s a couple hundred dollars or a couple of thousand, Uncle Sam is going to want a piece of that with this new tax…
Shanghai Sold No Cars in April; Former Goldman CEO: Prepare for Recession | NTD Business
Car sales in Shanghai last month fell 100 percent. Zero cars were sold. China’s economic woes are fueling concerns of a global recession. Where do you put your money, during this time of financial chaos, when there doesn’t seem to be any safe haven? We ask experts for their advice. McDonald’s exiting Russia after three…
Over 40 Percent of Shanghai Residents Depressed During Lockdown: Survey
Shanghai residents are in their seventh week of lockdown restrictions, causing many of them to suffer mentally. A new survey has found that 40 percent of residents have shown signs of depression. Chinese news portal NetEase released the survey on May 5 which revealed the psychological well-being of 1,021 Shanghai residents while under the city-wide…
US Added 428,000 Jobs in April; FDA Limits Use of J&J’s COVID Vaccine | NTD Business
The latest jobs report: American employers hired nearly 430,000 more workers last month. What industries are doing the hiring? The FDA is limiting the use of Johnson and Johnson’s COVID-19 vaccine. What’s the reason for its latest setback? A massive fight breaks out in Shanghai between locals and authorities. Fiji seizes the yacht of a…
Shanghai Residents Bang on Pots and Woks to Protest Lockdown
It has been a month since Shanghai was put under lockdown to prevent the spread of COVID-19 and people’s frustrations are boiling over. More than 20 million residents of this large city have no food, no supplies, and no freedom. Feeling hopeless, many Shanghai residents began to protest the “Zero-Covid Policy” by banging on pots…
Americans Need to Learn From Extreme Lockdowns in Shanghai: Public Health Expert
Psychiatrist Carole Lieberman, who holds a master’s degree in public health, hopes that Americans will learn from the draconian measures that the citizens of Shanghai, China, are being subjected to under the Chinese Communist Party (CCP). She warns that if Americans do not stand up for their freedoms, then authorities may take away more of…
Damages to China’s Image
From the beginning of this century until the 2008 Beijing Olympics, China made impressive economic achievements and its leadership spent massive resources building the country’s image. At the same time, the Bush administration was preoccupied with combatting terrorism and the Middle East, which offered China an opportunity to expand its horizons, especially in the Asia…
From Washington Mandates to Shanghai Lockdowns, Who Is Making Billions From COVID-19?
The estimated global COVID-19 death toll stands at 6.24 million (1 million in the United States). Other social impacts of COVID-19 and its associated “management” policies, like how school closures have affected children’s development, are harder to quantify, albeit on display among our families and communities. Economically, COVID-19 and COVID “management” have almost certainly influenced…
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