China reports 71 new local cases for Aug 3, most since Jan 30 Number of local cases up for five consecutive days since July 30 So far, 17 provinces, regions, and municipalities have reported local infections in outbreak BEIJING, Aug 4 (Reuters) – China reported on Wednesday the newest locally transmitted COVID-19 cases since January as some cities stepped up restrictions, cut flights and increased testing to get to grips with an outbreak driven mainly by the Delta variant. The travel restrictions and closures led Nomura to downgrade its July-September growth forecast for the world’s second-largest economy, as well as its full-year prediction, saying China’s zero-tolerance approach to the virus was becoming increasingly costly. L4N2PB18L “The […]