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New COVID model predicts over 1 mln deaths in China through 2023

China's abrupt lifting of stringent COVID-19 restrictions could result in an explosion of cases and over a million deaths through 2023, according to new projections from the U.S.-based Institute of Health Metrics and Evaluation (IHME).
According to the group's projections, cases in China would peak around April 1, when deaths would reach 322,000. About a third of China's population will have been infected by then, IHME Director Christopher Murray said.
China's national health authority has not reported any official COVID deaths since the lifting of COVID restrictions. The last official deaths were reported on Dec. 3.
Total pandemic fatalities stand at 5,235.
China lifted some of the world's toughest COVID restrictions in December after unprecedented public protests and is now experiencing a spike in infections, with fears COVID could sweep across its 1.4 billion population during next month's Lunar New Year holiday.
"Nobody thought they would stick to zero-COVID as long as they did," Murray said on Friday when the IHME projections were released online.

China's zero-COVID policy may have been effective at keeping earlier variants of the virus at bay, but the high transmissibility of Omicron variants made it impossible to sustain, he said.
The independent modeling group at the University of Washington in Seattle, which has been relied on by governments and companies throughout the pandemic, drew on provincial data and information from a recent Omicron outbreak in Hong Kong.
"China has since the original Wuhan outbreak barely reported any deaths. That is why we looked to Hong Kong to get an idea of the infection fatality rate," Murray said.
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For its forecasts, IHME also uses information on vaccination rates provided by the Chinese government as well as assumptions on how various provinces will respond as infection rates increase.
Other experts expect some 60% of China's population will eventually be infected, with a peak expected in January, hitting vulnerable populations, such as the elderly and those with pre-existing conditions, the hardest.
Key concerns include China's large pool of susceptible individuals, the use of less effective vaccines and low vaccine coverage among those 80 and older, who are at greatest risk of severe disease.
OTHER MODELS
Disease modelers at the University of Hong Kong predict that lifting COVID restrictions and simultaneously reopening all provinces in December 2022 through January 2023 would result in 684 deaths per million people during that timeframe, according to a paper released on Wednesday on the Medrxiv preprint server that has yet to undergo peer review.
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Based on China's population of 1.41 billion, and without measures such as a mass vaccination booster campaign, that amounts to 964,400 deaths.
Another study published July 2022 in Nature Medicine by researchers at the School of Public Health at Fudan University in Shanghai predicted an Omicron wave absent restrictions would result in 1.55 million deaths over a six month period, and peak demand for intensive care units of 15.6 times higher than existing capacity.
Yanzhong Huang, a senior fellow for global health at the Council on Foreign Relations, said there are 164 million people in China with diabetes, a risk factor for poor COVID outcomes. There are also 8 million people aged 80 and older who have never been vaccinated.
Chinese officials are now encouraging individuals to get boosted from a list of newer Chinese-made shots, however, the government is still reluctant to use foreign vaccines, Huang said.
China's National Health Commission said on Friday it was ramping up vaccinations and building stocks of ventilators and essential drugs.
Source: anews
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BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
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