• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
FinanceChina

China continues its zero-COVID policies, locking down 21 million Chengdu residents

Will Daniel
By
Will Daniel
Will Daniel
Down Arrow Button Icon
Will Daniel
By
Will Daniel
Will Daniel
Down Arrow Button Icon
September 1, 2022, 12:51 PM ET
CHENGDU, CHINA - SEPTEMBER 01: People line up to buy vegetables in preparation for a COVID-19 lockdown on September 1, 2022 in Chengdu, Sichuan Province of China.
People line up to buy vegetables in preparation for a COVID-19 lockdown on Sept. 1, 2022, in Chengdu, China.VCG/Getty Images

Even as the rest of the world moves beyond pandemic-era lockdowns, China is continuing with its strict zero-COVID policy.

On Thursday, officials in Chengdu, a city of over 21 million people in Sichuan province, began a lockdown and a four-day citywide testing campaign. The announcement left residents scrambling to buy groceries as officials have yet to reveal how long they expect the lockdown to last.

Families in the city can send only one person out per day for necessities, but residents can leave Chengdu if they’ve had a negative test result within the past 24 hours, officials said.

Chengdu reported 156 new COVID-19 cases on Wednesday, bringing its total caseload since Aug. 25 to over 700. But despite the rising number of infections, China has reported zero COVID deaths over the past three months, with the death toll throughout the entire pandemic remaining at 5,226.

“The decision will impact daily life for millions as well as the global economy and shows China’s commitment to Xi Jinping’s #CovidZero approach despite massive disruptions,” Curtis S. Chin, a Milken Institute fellow and former U.S. ambassador to the Asian Development Bank, said of the lockdowns in a tweet on Thursday.

Chengdu is a critical hub for electronics and auto manufacturers in China. Foxconn, Apple’s largest iPhone manufacturer, is moving to a closed-loop system at its factories in the region that requires its workers to live on-site, hoping to maintain production during the lockdown as it did earlier in the year in Shenzhen, Bloomberg reported.

Volvo has temporarily closed its factory in Chengdu, according to a company spokesman.

Other major cities including electronics hub Shenzhen and the port of Dalian have also added new COVID-19 restrictions recently.

“At least 28 cities tightened COVID restrictions this week in China, including lockdowns, affecting 40 million people. China’s economy is slipping toward contraction,” Arlan Suderman, chief commodities economist at financial services firm StoneX Group, said in a tweet on Thursday.

The latest COVID-19 restrictions follow a string of lockdowns seen in major cities this spring, including Shanghai and Shenzhen, which had devastating impacts on Chinese supply chains and industry.

For Sichuan province, the lockdowns are only adding to the pain from a record heat wave that exacerbated an ongoing drought in August, leading to citywide power cuts. Businesses in Sichuan, from lithium producers to electrical component manufacturers, have struggled as a result of the power cuts that even forced officials in Shanghai to cut the lights to the city’s skyline.

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.

About the Author
Will Daniel
By Will Daniel
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon

Latest in Finance

InvestingSports
Big 12 in advanced talks for deal with RedBird-backed fund
By Giles Turner and BloombergDecember 13, 2025
8 hours ago
Spanish Prime Minister Pedro Sánchez often praises the financial and social benefits that immigrants bring to the country.
EuropeSpain
In a continent cracking down on immigration and berated by Trump’s warnings of ‘civilizational erasure,’ Spain embraces migrants
By Suman Naishadham and The Associated PressDecember 13, 2025
9 hours ago
EconomyAgriculture
More financially distressed farmers are expected to lose their property soon as loan repayments and incomes continue to falter
By Jason MaDecember 13, 2025
11 hours ago
InvestingStock
There have been head fakes before, but this time may be different as the latest stock rotation out of AI is just getting started, analysts say
By Jason MaDecember 13, 2025
14 hours ago
Politicsdavid sacks
Can there be competency without conflict in Washington?
By Alyson ShontellDecember 13, 2025
14 hours ago
Investingspace
SpaceX sets $800 billion valuation, confirms 2026 IPO plans
By Loren Grush, Edward Ludlow and BloombergDecember 13, 2025
15 hours ago

Most Popular

placeholder alt text
Success
Apple cofounder Ronald Wayne sold his 10% stake for $800 in 1976—today it’d be worth up to $400 billion
By Preston ForeDecember 12, 2025
2 days ago
placeholder alt text
Economy
Tariffs are taxes and they were used to finance the federal government until the 1913 income tax. A top economist breaks it down
By Kent JonesDecember 12, 2025
2 days ago
placeholder alt text
Success
40% of Stanford undergrads receive disability accommodations—but it’s become a college-wide phenomenon as Gen Z try to succeed in the current climate
By Preston ForeDecember 12, 2025
2 days ago
placeholder alt text
Economy
The Fed just ‘Trump-proofed’ itself with a unanimous move to preempt a potential leadership shake-up
By Jason MaDecember 12, 2025
1 day ago
placeholder alt text
Success
Apple CEO Tim Cook out-earns the average American’s salary in just 7 hours—to put that into context, he could buy a new $439,000 home in just 2 days
By Emma BurleighDecember 12, 2025
2 days ago
placeholder alt text
Economy
For the first time since Trump’s tariff rollout, import tax revenue has fallen, threatening his lofty plans to slash the $38 trillion national debt
By Sasha RogelbergDecember 12, 2025
1 day ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.