Slowly, China is loosening some parts of its draconian Zero COVID policy.
"The government’s rationale appears to be that, as Omicron is less deadly than previous COVID strains, the harsher restrictions are no longer needed."
So they just figured out what the rest of the world has known for practically all of 2022?
Or so Beijing would have the Chinese people believe.
Of course, the cynical view is that they are just putting out some face-saving spew to avoid admitting that the Zero COVID protesters have the upper hand, which apparently they do.
Mr. Xi
Tear down this Zero Covid!
Not a good future for the CCP or China as a whole?
Not a good future, period.
With global demand collapsing what we're seeing in China is just the supply side of the situation.
Might be a lot more burning than just apartment buildings!
"The government’s rationale appears to be that, as Omicron is less deadly than previous COVID strains, the harsher restrictions are no longer needed."
So they just figured out what the rest of the world has known for practically all of 2022?
Or so Beijing would have the Chinese people believe.
Of course, the cynical view is that they are just putting out some face-saving spew to avoid admitting that the Zero COVID protesters have the upper hand, which apparently they do.
Mr. Xi
Tear down this Zero Covid!
Not a good future for the CCP or China as a whole?
Not a good future, period.
With global demand collapsing what we're seeing in China is just the supply side of the situation.
Might be a lot more burning than just apartment buildings!