- China, which is where the coronavirus pandemic originated, reported a new high in coronavirus infections Friday, with more than 32,000 new cases.
- The numbers have started spreading so quickly that experts have warned that China has potentially “passed the point of no return” in reference to the country’s goals of having no coronavirus cases.
- “China might have already passed the point of no return, as it’s unlikely to achieve zero Covid again without another Shanghai-style hard lockdown,” Macquarie’s Chief China Economist Larry Hu said.
