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Monday morning also saw the sealing off of Wanxia city village, which provides low cost lodging to thousands of low-wage employees similar to supply drivers and laborers, although there were zero optimistic Covid-19 cases there. Based on estimates from China’s Education Ministry, an estimated 220 million Chinese children and younger folks have been underneath lockdowns or movement restrictions for extended time frames. Undeniably, China is probably considered one of the final locations on the earth still implementing harsh zero-Covid insurance policies that restrict the person freedoms of residents by way of widespread digital surveillance, mass testing, prolonged quarantines, and last-minute lockdowns. These restrictions with no obvious end in sight, in addition to an ailing property sector, have adversely impacted day by day life and the Chinese financial system as a whole. For instance, youth unemployment in China reached sky high levels in July, with one in five younger individuals out of labor.