China reported on Wednesday the most new locally transmitted COVID-19 cases since January as some cities stepped up restrictions, cut flights and increased testing to get to grips with an outbreak driven mainly by the Delta variant.
The travel restrictions and closures led Nomura to downgrade China's July-September economic growth forecast, as well as its full-year prediction, saying the zero-tolerance approach to the virus was becoming increasingly costly. L4N2PB18L
China reported 71 new domestically transmitted COVID-19 cases for Aug. 3, official data showed, the highest daily tally since Jan. 30. The number of cases has increased for five consecutive days since July 30.
Wuhan said it aims to test all its 12 million population in just three days to screen out infections. It has closed parts of an economic development and innovation zone. Including symptomatic patients arriving from abroad, the number of new cases stood at 96 for Aug. 3, up from 90 a day earlier.
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