World's Largest Electronics Market Shut Down In China Amid Covid Cases

5,226 people have died of COVID-19 in China!

China being an epitome of horrific coronavirus cases, has witnessed incessant number of COVID-19 cases and also the impact of deadly virus was so high that many out of many couldn’t last long with this infection in the country. 

On Monday, China's technology hub Shenzhen ordered the closure of the world's largest electronics wholesale market to contain a recent spike in coronavirus cases in the southern city, amidst a call by a leading Chinese think tank for a change in the country's 'zero-COVID' policy that it said was causing widespread disruption of business.

Merchants in the Huaqiangbei district, home to the world's largest electronics market, received an official notice that the market will be closed till Thursday to contain the COVID spread.

Key manufacturing enterprises, including telecommunications equipment giant Huawei Technologies Co, China's top chip maker Semiconductor Manufacturing International Corp and Apple supplier Foxconn Technology Group, were ordered to follow a "closed-loop" system for a week that restricted the movement of employees while keeping their production schedules on track.

The new virus cluster has emerged as Hong Kong, which is close to Shenzhen, has reported a big spike in cases. Hong Kong on Monday recorded 8,488 new cases, the second such big spread of COVID-19 in recent months.

So far 5,226 people so far have died of the virus in China.The periodic COVID-19 lockdowns, including the shutting of China's biggest city Shanghai a few months ago, have seriously affected the supply chains of the industrialized goods in the world's second-largest economy.