Beijing Expands Mass Testing as Lockdown Fears Grow

Beijing has launched mass coronavirus testing for nearly all its 21 million residents as fears grow that the Chinese capital might be placed under a strict lockdown like Shanghai Noel Celis AFP/File
Beijing has launched mass coronavirus testing for nearly all its 21 million residents as fears grow that the Chinese capital might be placed under a strict lockdown like Shanghai Noel Celis AFP/File
TT

Beijing Expands Mass Testing as Lockdown Fears Grow

Beijing has launched mass coronavirus testing for nearly all its 21 million residents as fears grow that the Chinese capital might be placed under a strict lockdown like Shanghai Noel Celis AFP/File
Beijing has launched mass coronavirus testing for nearly all its 21 million residents as fears grow that the Chinese capital might be placed under a strict lockdown like Shanghai Noel Celis AFP/File

Beijing on Tuesday launched mass coronavirus testing for nearly all its 21 million residents, as fears grew that the Chinese capital may be placed under a strict lockdown like Shanghai.

China is trying to contain a wave of infections in Shanghai -- its biggest city -- which has been almost entirely locked down for weeks and reported 52 new Covid deaths on Tuesday, AFP said.

Beijing authorities have ordered people in 12 central districts that account for most of its population to undergo three rounds of PCR testing after the detection of dozens of cases in the city in recent days.

The capital's most populous downtown district, Chaoyang, was the first to order mass testing from Monday, with people waiting in long lines to be swabbed by health workers in protective gear.

Eleven more districts began testing on Tuesday.

The testing order for Chaoyang sparked panic buying from Sunday night, with residents lining up at supermarkets with full carts and bulging shopping bags as state media tried to reassure the public that there were plentiful supplies.

Beijing residents told AFP they feared a repeat of the sudden lockdown in Shanghai, where people have struggled to obtain food and medical care for non-Covid conditions.

City health official Xu Hejian said Monday that the spread of the virus in Beijing was still "within the scope of control".

- Economic pressure -
The capital reported 33 new cases on Tuesday, a fraction of Shanghai's daily tally of 16,000.

But Beijing officials are anxious to avoid a spiraling outbreak.

They have urged companies to allow employees to work from home, sealed off multiple residential areas and suspended local group tourism ahead of the long May 1 national holiday.

Authorities on Monday urged Beijing residents not to leave the city for these holidays unless necessary.

Beijing's measures are mild, however, compared with actions taken elsewhere, Pinpoint Asset Management chief economist Zhiwei Zhang said in a note.

"I am surprised that the government did not impose restrictive policies in Beijing as harshly and quickly as in other cities that experienced similar outbreaks in recent weeks," he wrote.

Under its zero-Covid policy, China has used strict lockdowns, mass testing and severe travel restrictions to stamp out infections.

But authorities are increasingly struggling with the impact of these protocols on the economy and business morale, especially when outbreaks appear in the country's most important cities.

Concerns have grown around the world about how the outbreaks in China and its government's anti-Covid policies could impact the global economy, especially supply chains.

The city of Baotou in the country's Inner Mongolia region -- a major supplier of rare earths -- said Monday that after the detection of two virus cases, all residents must stay home, with each household only sending one member out to buy necessities once a day.

That order came as Shanghai's lockdown dragged on, with social media users and local news outlets sharing images of green metal fences put up across the city to keep residents confined to their buildings.

One viral image appeared to show fences along the deserted pavements of a once-bustling street where restaurant patrons used to dine al fresco.



Trump Announces Private-sector $500 Billion Investment in AI Infrastructure

US President Donald Trump (L) gives remarks on artificial intelligence (AI) Infrastructure as Larry Ellison (2-L), Chief technology officer of Oracle, Masayoshi Son (2-R), CEO of SoftBank, Sam Altman (R), CEO of OpenAI look on in the Roosevelt Room of the White House in Washington, DC, USA, 21 January 2025. EPA/AARON SCHWARTZ / POOL
US President Donald Trump (L) gives remarks on artificial intelligence (AI) Infrastructure as Larry Ellison (2-L), Chief technology officer of Oracle, Masayoshi Son (2-R), CEO of SoftBank, Sam Altman (R), CEO of OpenAI look on in the Roosevelt Room of the White House in Washington, DC, USA, 21 January 2025. EPA/AARON SCHWARTZ / POOL
TT

Trump Announces Private-sector $500 Billion Investment in AI Infrastructure

US President Donald Trump (L) gives remarks on artificial intelligence (AI) Infrastructure as Larry Ellison (2-L), Chief technology officer of Oracle, Masayoshi Son (2-R), CEO of SoftBank, Sam Altman (R), CEO of OpenAI look on in the Roosevelt Room of the White House in Washington, DC, USA, 21 January 2025. EPA/AARON SCHWARTZ / POOL
US President Donald Trump (L) gives remarks on artificial intelligence (AI) Infrastructure as Larry Ellison (2-L), Chief technology officer of Oracle, Masayoshi Son (2-R), CEO of SoftBank, Sam Altman (R), CEO of OpenAI look on in the Roosevelt Room of the White House in Washington, DC, USA, 21 January 2025. EPA/AARON SCHWARTZ / POOL

US President Donald Trump on Tuesday announced a private sector investment of up to $500 billion to fund infrastructure for artificial intelligence, aiming to outpace rival nations in the business-critical technology.
Trump said that ChatGPT's creator OpenAI, SoftBank and Oracle are planning a joint venture called Stargate, which he said will build data centers and create more than 100,000 jobs in the United States, Reuters reported.
These companies, along with other equity backers of Stargate, have committed $100 billion for immediate deployment, with the remaining investment expected to occur over the next four years.
SoftBank CEO Masayoshi Son, OpenAI CEO Sam Altman and Oracle Chairman Larry Ellison joined Trump at the White House for the launch.
The first of the project's data centers are already under construction in Texas, Ellison said at the press conference. Twenty will be built, half a million square feet each, he said. The project could power AI that analyzes electronic health records and helps doctors care for their patients, Ellison said.
The executives gave Trump credit for the news. "We wouldn't have decided to do this," Son told Trump, "unless you won."
"For AGI to get built here," said Altman, referring to more powerful technology called artificial general intelligence, "we wouldn't be able to do this without you, Mr. President."
It was not immediately clear whether the announcement was an update to a previously reported venture.
In March 2024, The Information, a technology news website, reported OpenAI and Microsoft were working on plans for a $100 billion data center project that would include an artificial intelligence supercomputer also called "Stargate" set to launch in 2028.
POWER-HUNGRY DATA CENTERS
The announcement on Trump's second day in office follows the rolling back of former President Joe Biden's executive order on AI, that was intended to reduce the risks that AI poses to consumers, workers and national security.
AI requires enormous computing power, pushing demand for specialized data centers that enable tech companies to link thousands of chips together in clusters.
"They have to produce a lot of electricity, and we'll make it possible for them to get that production done very easily at their own plants if they want," Trump said.
As US power consumption rises from AI data centers and the electrification of buildings and transportation, about half of the country is at increased risk of power supply shortfalls in the next decade, the North American Electric Reliability Corporation said in December.
As a candidate in 2016, Trump promised to push a $1 trillion infrastructure bill through Congress but did not. He talked about the topic often during his first term as president from 2017 to 2021, but never delivered on a large investment, and "Infrastructure Week" became a punchline.
Oracle shares were up 7% on initial report of the project earlier in the day. Nvidia, Arm Holdings and Dell shares also rose.
Investment in AI has surged since OpenAI launched ChatGPT in 2022, as companies across sectors have sought to integrate artificial intelligence into their products and services.