SHANGHAI (Reuters). China’s financial capital of Shanghai initiated a planned lockdown in two stages of Shanghai on Monday. This included closing tunnels and bridges as well restricting traffic along highways to limit the number of COVID-19 cases.

Shanghai’s City Government announced the snap lockdown Sunday. The city will be divided roughly along the Huangpu River during nine days for staggered testing.

On Sunday, a record 3450 COVID symptoms were reported from Shanghai. This city also had 50 cases.

Shanghai’s Public Security Bureau stated that they were closing bridges and tunnels crossing rivers and tollbooths concentrating in the eastern parts of Shanghai until April 1. Similar restrictions will apply to areas west of Huangpu River, April 1-5.

According to a statement made to Weibo’s official account (NASDAQ):, traffic regulations would be put in place for highways entering and exiting Shanghai. It also stated that people who are leaving Shanghai must show evidence of positive results of nucleic acids tests within 48 hours.

Sunday’s announcement by the city government was that public transport would be suspended in all areas, except those with ride-hailing. The city government also directed the suspension of all work in firms and factories, except those providing public services or food supply.

Two people who are familiar with the situation told Reuters that U.S. carmaker Tesla (NASDAQ) will suspend production in its city factory for the next four days. Tesla didn’t immediately reply to our Monday request for comment.

China’s recent increase in COVID cases has put pressure on China, the second largest economy. This likely will further dampen consumer spending.

China’s National Health Commission reported Monday 5,134 new cases of asymptomatic disease for March 27th, and 1,219 locally confirmed infections.

Nomura’s analysts stated in a Saturday note that, “Due the worsening COVID-19 condition, we revise up our y-oy GDP growth projections in Q2, Q3 & Q4 from 3.8%, 5.1%, and 5.1% down to 3.4%, 4.8%, and 4.9% respectively, while maintaining our 2022 annual growth forecast at 4.3%.”

The high transmissibility Omicron strategy and stronger (zero-COVID Strategy) markets should make special concerns about any drop in Q2 growth.