China COVID Protests: Xi's Zero COVID Policy Backfires

‘Down with the Chinese Communist Party, down with Xi Jinping’ - These are the slogans used by protesters in Shanghai amid an unprecedented wave of protests in China, a rarity since Xi took over a decade ago 

What Led To Protests
In China

The protests are against the extreme COVID lockdown enforced by the Chinese government across cities with Xi’s ‘Zero COVID Policy’

COVID Lockdown
In China

Widespread civil unrest started after a deadly fire at a high-rise building in Urumqi, capital of Xinjiang region, killed 10

Fire in Urumqi, 10 killed 

As per reports, various unpurported vidoes were circulated online where the rescue operations in Urumqi, were hampered due to people getting stuck inside following COVID-19 lockdown norms

China Lockdown Hampered Rescue Operation

Widespread anti-COVID lockdown protests took over China and people took to the streets in violation of the lockdown rules

China COVID-19 Protest:
In Pics

Urumqi's four million residents have been under China’s longest lockdown for as long as 100 days, as they have been barred from leaving their homes

China Zero-COVID Policy

Thousands of protestors took to streets of Beijing, Shanghai, Wuhan, Chengdu, Urumqi, Wuhan, Nanjing and Lanzhou against the Zero-COVID policy and President Xi

City-Wise China COVID-19 Protests

Protesters shouted, “Xi Jinping Step Down” asking Chinese President to resign

COVID-19 Protests
In China

China recorded nearly 40,000 COVID-19 (Omicron variant) cases on November 27, setting a record high in the past four days

COVID-19 Cases In China

- As per reports, a foreign journalist was assaulted by Chinese police, and was detained for hours

China COVID-19:
Live Updates

- Blue barriers were laid down in Shanghai 

- A candlelight march was conducted for Urumqi fire victims

China COVID-19:

China's blue-chip CSI 300 Index fell as much as 2.7% in early trade on Nov 28. Hong Kong's Hang Seng Index plunged as much as 4.2%. At one point, yuan weakened as much as 1.1% to 7.2435 per US dollar 

China Protests - Impact
On Stock Market

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