Lessons From China’s Covid Lockdowns

Beijing’s Covid shutdowns are an economic danger to China and everyone else, and the Communist Party seems to know it. Witness recent, belated efforts to boost economic growth amid the zero-Covid policy disaster.

Large swaths of China have been closed in some form in recent months. That includes Shanghai, an important commercial hub, which remains unrestricted after a month. The government shows little sign of recalibration even as other countries abandon their shutdowns in favor of learning to live with the virus.

https://www.wsj.com/articles/lessons-from-chinas-covid-lockdowns-beijing-economy-xi-jinping-11652207695 Lessons From China’s Covid Lockdowns

Alley Einstein

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