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China Lockdowns Cost at Least $46B (3.1% GDP) a Month - Printable Version

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China Lockdowns Cost at Least $46B (3.1% GDP) a Month - maikyah - 30-03-2022

China’s Covid lockdowns are likely costing the country at least $46 billion a month, or 3.1% of GDP, in lost economic output, and the impact could double if more cities tighten restrictions.

That’s a minimum estimate from an economist at the Chinese University of Hong Kong based on the assumption that cities generating about 20% of China’s gross domestic product are currently imposing targeted lockdowns. That cost would double if those areas had to follow Shanghai and impose stricter policies requiring most residents to remain at home.

https://www.bloomberg.com/news/articles/2022-03-29/china-lockdowns-cost-at-least-46-billion-a-month-academic-says


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - Sharexchange - 30-03-2022

Wa...their 天安门 how... RMB 人民病


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - revealer - 30-03-2022

That must be the cheapest as far as the CCP government is concerned.  Lock down not only saves COVID testing fees (testing rate 110K per million,  the lowest in the World) but also,  solve the unemployment problem.   It is the people and not the CCP Government will suffer.

https://twitter.com/i/status/1509018454115831808

https://twitter.com/i/status/1508642791081054208

https://twitter.com/i/status/1507713161956585475

https://twitter.com/i/status/1507794758093221896 

https://twitter.com/i/status/1507869293907640321


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - revealer - 30-03-2022

https://twitter.com/i/status/1509045568667996161


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - cityhantam - 30-03-2022

Like that China will collapse very soon lor!  Rotfl


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - cheekopekman - 30-03-2022

(30-03-2022, 11:18 AM)maikyah Wrote:  China’s Covid lockdowns are likely costing the country at least $46 billion a month, or 3.1% of GDP, in lost economic output, and the impact could double if more cities tighten restrictions.

That’s a minimum estimate from an economist at the Chinese University of Hong Kong based on the assumption that cities generating about 20% of China’s gross domestic product are currently imposing targeted lockdowns. That cost would double if those areas had to follow Shanghai and impose stricter policies requiring most residents to remain at home.

https://www.bloomberg.com/news/articles/2022-03-29/china-lockdowns-cost-at-least-46-billion-a-month-academic-says

from Wuhan to Shanghai


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - revealer - 30-03-2022

These Chinese were demonstrating in the Airport and demanding an answer from the Swiss Airline for cancelling their flight to Shanghai at the last minute.

https://www.rfa.org/mandarin/yataibaodao/huanjing/ql1-03292022075725.html#.YkPlcU92TTg.twitter
https://twitter.com/RFA_Chinese/status/1509034502315597829


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - revealer - 30-03-2022

https://twitter.com/i/status/1509011103040290824


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - RiseofAsia - 30-03-2022

46B Sub Sub water.
China has 3.2T reserve.


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - singlon - 30-03-2022

China is taken precaution after Putin's UKraine biolab revellations
Bio attacks via pathogens
Putin is waiting to get hold of the 19 scientists so he can saw off their necks one by one with their eyes open except the last one.


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - singlon - 30-03-2022

[Image: Screenshot-from-2022-03-30-14-36-54.png]
Godfather as positive credit supplier using debt generative int for own gang and suppressing and controlling commodities using abitrade across all commodities ended.


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - Yin yang - 30-03-2022

U all tink the chinese r stupid to lockdowns?

Fact is they r preparing for War with belligerent cowboy bullies, v itchy to fight china to prevent china's rise at china's doorsteps - taiwan, scs.
Cowboys know v well dat the longer china have peace, the faster it's becoming the supreme global power...no way can they defeat china after say 5 yrs later.
Wan to stop china's rise, it must b now! as they got full support from both houses n all hilly billis

These covid lickdowns r just excuses to simulate emergencies, shortages, panics in times of war anytime , after ceasefire in urane?

.


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - revealer - 30-03-2022

(30-03-2022, 02:22 PM)revealer Wrote:  https://twitter.com/i/status/1509011103040290824

Understand some chinese passengers now pressing the airline officers to get the Swiss Government to take up the matter with the Chinese Authority.  The reason is the airline company has brought them to the Swiss airport and now they have nowhere to go.

https://twitter.com/i/status/1509125446876766212


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - revealer - 30-03-2022

https://twitter.com/i/status/1509125544683651078


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - watchfirst9 - 30-03-2022

(30-03-2022, 02:31 PM)RiseofAsia Wrote:  46B Sub Sub water.
China has 3.2T reserve.

spot bloomberg mistake.

if base at 46B ,3.1 %, GDP  is 1483.87B
But Cn GDP is around 15T that is 14830.87B.
That is 10 times difference, also note they release back to work in a week. 

Journalists these days cannot even get the numbers right. SB Jialat. Some more many follow blindly


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - Talent - 30-03-2022

stupid the way they manage covid


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - cityhantam - 30-03-2022

(30-03-2022, 10:50 PM)Talent Wrote:  stupid the way they manage covid

TS and AMTK journalists are the real stupid DF!  Laughing


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - revealer - 31-03-2022

https://twitter.com/i/status/1509283154368110601


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - revealer - 31-03-2022

(30-03-2022, 10:13 PM)watchfirst9 Wrote:  spot bloomberg mistake.

if base at 46B ,3.1 %, GDP  is 1483.87B
But Cn GDP is around 15T that is 14830.87B.
That is 10 times difference, also note they release back to work in a week. 

Journalists these days cannot even get the numbers right. SB Jialat. Some more many follow blindly

That USD46B is per month.  So for 12 months is USD552 billion per year.  Annual GDP is 14,800 billion,  so 552 is about 3.7% of 14,800.


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - revealer - 31-03-2022

Good and obedient servants who only follow instructions of their "ling Dao".  I have a feeeling these are not doctor or medical professionals but just "actors",  temporary actors or "carafare"

https://twitter.com/i/status/1509231468253306880


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - revealer - 31-03-2022

follow orders and instructions blindly?

https://twitter.com/i/status/1509233792824889346


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - revealer - 31-03-2022

They will need to improve

https://twitter.com/i/status/1509111296842612739


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - revealer - 31-03-2022

https://twitter.com/i/status/1509382957320097792


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - revealer - 31-03-2022

为广大人民着想。。。

https://twitter.com/i/status/1509387336706150404


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - revealer - 31-03-2022

请不要喊了, 应为广大人民着想。。


https://twitter.com/i/status/1509402218646016000


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - revealer - 31-03-2022

https://twitter.com/i/status/1509391687407218690


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - revealer - 31-03-2022

Who can say we do not provide free food? Aren't these people doing just that?

https://twitter.com/i/status/1509401994926047241


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - Notdumb - 31-03-2022

(31-03-2022, 05:22 PM)kokee Wrote:  must make sure fatty xi zero case policy enforce forever, this is the best for china & HK.
zero case policy is fatty Xi alone vs 1.4B of china people, this is real dictator, he is law & a lawless dynasty.
same to Ukraine, fatty xi decide to F with russia, then all china people must let russian F.
all these moronic slavery, china & lands belong to the people, not that F moronic xi.
1.4B of morons only know kpkb & hate Xi, of course weapons all in xi hands, all slavery must united, that is all, LOL LOL.



清零是习近平一人对14亿人的战争





这么下去,农民工兄弟们真的没饭吃了


Xi must listen to an angmo cok sucker like u ah? Laughing


RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - kokee - 31-03-2022

must make sure fatty xi zero case policy enforce forever, this is the best for china & HK.
zero case policy is fatty Xi alone vs 1.4B of china people, this is real dictator, he is law & a lawless dynasty.
same to Ukraine, fatty xi decide to F with russia, then all china people must let russian F.
all these moronic slavery, china & lands belong to the people, not that F moronic xi.
1.4B of morons only know kpkb & hate Xi, of course weapons all in xi hands, all slavery must united, that is all, LOL LOL.



清零是习近平一人对14亿人的战争





这么下去,农民工兄弟们真的没饭吃了




RE: China Lockdowns Cost at Least $46B (3.1% GDP) a Month - watchfirst9 - 31-03-2022

(31-03-2022, 07:01 AM)revealer Wrote:  That USD46B is per month.  So for 12 months is USD552 billion per year.  Annual GDP is 14,800 billion,  so 552 is about 3.7% of 14,800.

How can a lockdown be more than one month.
For Shanghai, they already indicate the number of days.
上海全域静态下,无法静止的医务人员
本文作者:山竹、吞吞 
3 月 27 日,上海「划江封控」,将以黄浦江为界分批实施核酸筛查。浦东新区、奉贤区、金山区、崇明区全区以及闵行区部分街镇先实施封控,开展核酸筛查,4 月 1 日 5 时解封。浦西地区将于 4 月 1 日 3 时开展封控及核酸筛查。
https://app.myzaker.com/news/article.php?f=Normal&pk=624578dc8e9f092d6e6d0469

Bloomberg never check thinking still 2020 style.