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China economy
OpinionLetters

Letters | With its zero-Covid policy, China may derail its own ascent

  • The strategy did save lives and protect economic growth in the early stages of the pandemic
  • By continuing with it when the world is moving on, China risks losing its place in the global value chain

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A worker in a protective suit stands watch near the barricades at a testing site as the authorities order a third round of coronavirus tests for residents of Beijing’s Chaoyang district on May 8. Photo: AP
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It has taken China decades to emerge from the rubble of a string of political catastrophes, such as the Cultural Revolution, and build the momentum to become an integral part of the global value chain.

Some vested interests may attempt to contain China for geopolitical, economic and ideological reasons. But only China can derail its own ascent.

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In its latest efforts to combat Covid-19, the Chinese government is, in effect, forcing the world to adapt to a revamped global value chain without China.

When the pandemic started in Wuhan over two years ago, China implemented a zero-Covid strategy to contain the virus. While the strategy put tremendous pressure on its society and economy, China did save many lives while sustaining growth. The rest of the world scrambled to deal with both the health and economic challenges when the virus started raging within their borders.

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Since then, most of the world has decided to eventually live with Covid-19 as many policymakers believe the virus will inevitably become endemic. Even some of the most advanced societies experienced massive Covid-induced hospitalisation and death rates in the process. But they are managing somewhat to live with Covid-19 today.

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