26 December 2022 | Other

Chinese cities predict COVID-19 peak in January

A new COVID wave is spreading in China, with cities and provinces reporting hundreds of thousands of new COVID cases every day. Such figures exceed the official national tally. Outbreaks are predicted to peak in January 2023.

On Sunday, China's National Health Commission said it would stop publishing daily COVID-19 surveillance data. These figures, according to experts, do not take into account the fact that there was an "explosive" spread of coronavirus after Beijing eased its Covid Zero policy in early December.

The true scale of the COVID-19 outbreaks in a country of 1.4 billion people is unknown. Therefore, it is difficult to assess the damage that a new COVID wave will cause to the Chinese economy. COVID-19 case explosion will affect the entire country, but it will take an especially hard toll on major urban centers in the south. Hospitals in China are expected to be overcrowded again.




Company MarketCheese
Period: 13.06.2026 Expectation: 1000 pips
Go long on USDCAD with 1.38800 target in play
Today at 10:48 AM 18
Period: 20.05.2026 Expectation: 100 pips
Natural gas prices are correcting within upward channel ahead of another rally
Today at 09:39 AM 15
Period: 20.05.2026 Expectation: 1000 pips
Investing in NVIDIA stock with $230 in sight
Today at 09:06 AM 11
Period: 20.01.2028 Expectation: 500 pips
Hot US inflation and geopolitical jitters weigh heavily on EURUSD
Today at 06:26 AM 16
Period: 12.06.2026 Expectation: 4700 pips
Invest in Bitcoin up to $86,000
Yesterday at 10:09 AM 35
Period: 31.05.2026 Expectation: 1900 pips
Buying GBPUSD on low US inflation
Yesterday at 09:54 AM 35
Go to forecasts