Live data from Hacker News

Not a single car was sold in Shanghai last month

bloomberg.com

71–80 of 366 posts

Re: Not a single car was sold in Shanghai last month

#71
Author of article is apparently unaware of online sales of new cars in which no dealer is involved. Which very well could have been zero as well, but it should have been mentioned even if to clarify they do not exist in China, if that is indeed the case.

Re: Not a single car was sold in Shanghai last month

#72

Earlier quoted context omitted.

Omicron one or another, but the lockdown is due to China's ruthless zero cases policy; they've closed down ports, cities, etc to curtail the virus. I think it WAS successful for a while; afaik they didn't get much Delta cases or deaths, and their economy could keep going while the rest of the world was going into lockdown.

Personally, it's going to take a lot more failure for me to be convinced that averting ~4 million deaths was somehow misguided in the long-term. It's interesting how much American media is trying to convince me otherwise as of the past few months.

No post body was provided.

Re: Not a single car was sold in Shanghai last month

#73

Does anybody know what the situation is in the rest of China? I hear there are a couple of strict lockdowns in other cities, and some districts of Beijing. China has in the past justified their harsh measures because the relative majority could live without Covid restrictions (and illness and deaths of course). It would be interesting to see what portion of the population is on lockdown, but it is hard to find good s…

95% of the country is basically fine. I have a few friends in cities like Chongqing and Nanjing and their only issues are travel restrictions between regions.

I would not call things fine. It's a mess of nonstop testing and ridiculous rules being enforced by people who are not trained for it. You've got old people who can hardly walk being asked to leave to get tested multiple times a month and millions who are quickly going broke for lack of work.

Re: Not a single car was sold in Shanghai last month

#74

Does anybody know what the situation is in the rest of China? I hear there are a couple of strict lockdowns in other cities, and some districts of Beijing. China has in the past justified their harsh measures because the relative majority could live without Covid restrictions (and illness and deaths of course). It would be interesting to see what portion of the population is on lockdown, but it is hard to find good s…

95% of the country is basically fine. I have a few friends in cities like Chongqing and Nanjing and their only issues are travel restrictions between regions.

Depending on the value of "fine" of course, one could also say that hundreds of millions of people are under some form of lockdown.

Can't remember the original source, https://qz.com/2164102/nearly-400-million-people-are-under-c... is the first thing that came up now.

Re: Not a single car was sold in Shanghai last month

#76
post #60

Earlier quoted context omitted.

Quoted post unavailable.

Excuse you? https://edition.cnn.com/2022/05/12/asia/china-leaving-shangh... https://www.cnbc.com/2022/05/06/chinas-covid-lockdowns-hit-m... https://www.theguardian.com/world/2022/may/16/shanghai-to-en... The "MSM media" is not ignoring it. Btw, I had to google the term because I wasn't sure what you meant by MSM. It stands for Mainstream Media.

Oh... That makes more sense I still understand MSM (and MSN) as Microsoft Messenger...

Re: Not a single car was sold in Shanghai last month

#77

Who could buy? Where could they buy from? There are people who’ve been in their apartments for over 40 days. The entire city has been locked in for over 30, barring some lucky people who’ve been allowed out for two hours a day in the past two weeks.

Yes, it's clear why this has happened, but China is so important across many industries and this is one clear example data point. The interesting question (IMHO) is what are the ramifications from this for companies, jobs, the economy, both locally and internationally, across all industries.

Not good it seems: https://www.reuters.com/world/china/chinas-economy-cools-sha...

Re: Not a single car was sold in Shanghai last month

#78

In Spain we had a very strict lockdown (not as strict as the Chinese but still) between March-May 2020 and still over 4k cars were sold that month. Which at the time I thought it was an extremely high number considering everything that was going on (link in Spanish): https://noticias.coches.com/noticias-motor/ventas-de-coches-...

I think the China lockdown situation is a magnitude more extreme (at least based on accounts from people in lockdown there on Twitter).

People are not allowed outside of their units (only a couple per building to pick up deliveries). People testing positive are forced to centralized areas and some have to abandon pets (which then are either getting killed or starving and killing each other in the streets).

Re: Not a single car was sold in Shanghai last month

#79

Earlier quoted context omitted.

It seems like Omicron is way worse in China because their initial lockdown response had them living in a covid bubble while the rest of the world got infected. Unless they managed to never have another case forever this seemed like an inevitable outcome.

They have vaccines. They don't need to get infected to build immunity. But no vaccine, nor natural infection, is good enough to prevent transmission. Just good enough to prevent severe disease. And a few added problems are: - China's health infrastructure is not as advanced. They have very few ICUs per capita. - Vaccines are not mandatory, and many elderly either choose not to get vaccinated out of health concerns, o…

1. Their vaccines are not good and they didn't make mRNA vaccines despite the freedom from royalties for political reasons.

2. Omicron death rate is not as substantially lower as it appears in the west as this is largely explained by previous infection survivor bias, vaccination, and improvements in understanding about care.

Re: Not a single car was sold in Shanghai last month

#80

Earlier quoted context omitted.

I had a similar thought when the Chinese government recently restricted outside travel for non-essential purposes [0]. It might be a rational decision given their comparably low rate of population immunity, but it should be combined with a reinforced vaccination campaign to make sense in the long term. I can't help but wonder how much their legitimate public health concerns and their obsession to save face regarding…

> should be combined with a reinforced vaccination campaign to make sense in the long term This would require Beijing admitting its vaccines are garbage. Unlikely.

Yes, that's also a factor that would make them lose face. Not only do they have ideological incentives to stick with zero-COVID policy and their own domestic vaccines, but as long as they can avoid an uncontrolled nationwide outbreak then the resulting need to restrict contact with the rest of the World is a further incentive to do so.
Post reply on HN