An aircraft ground personnel wearing a protective suit looks at a phone as passengers prepare to board an aircraft at the Beijing Capital International Airport in Beijing on November 30. The welfare loss from the zero-Covid strategy now greatly exceeds that of a strategy of living with the virus. Photo: EPA-EFE
An aircraft ground personnel wearing a protective suit looks at a phone as passengers prepare to board an aircraft at the Beijing Capital International Airport in Beijing on November 30. The welfare loss from the zero-Covid strategy now greatly exceeds that of a strategy of living with the virus. Photo: EPA-EFE
Fang Zihao
Opinion

Opinion

The View by Fang Zihao

As costs of ‘zero Covid’ mount, China’s economy needs urgent rescue

  • The emergence of Omicron has rendered its ‘zero Covid’ strategy uneconomical and unsustainable, and China must reopen its struggling economy
  • This means preparing its healthcare system for a surge in cases, and easing its monetary policy to boost confidence and consumption

An aircraft ground personnel wearing a protective suit looks at a phone as passengers prepare to board an aircraft at the Beijing Capital International Airport in Beijing on November 30. The welfare loss from the zero-Covid strategy now greatly exceeds that of a strategy of living with the virus. Photo: EPA-EFE
An aircraft ground personnel wearing a protective suit looks at a phone as passengers prepare to board an aircraft at the Beijing Capital International Airport in Beijing on November 30. The welfare loss from the zero-Covid strategy now greatly exceeds that of a strategy of living with the virus. Photo: EPA-EFE
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