Thursday, May 16

China’s Covid Lockdowns ‘Strangles’ Growth

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China’s Premier Li Keqiang issued a stark warning to party officials last week: the government’s zero-Covid policy puts the Summer harvest at risk. He called on government officials at all levels to coordinate “COVID-19 response with economic and social development.” (Sources: Financial Times and China’s Premier’s office)

The statement follows a mid-May meeting in the Standing Committee of the Political Bureau of the Communist Party of China Central Committee in which Li pressed for a faster enactment of new macroeconomic policies.

china zero-covid, China’s Covid Lockdowns ‘Strangles’ Growth, Global Economic Report

Patti Mohr

Patti Mohr is a U.S.-based journalist. She writes about global diplomacy, economics, and infringements on individual freedom. Patti is the founder of the Global Economic Report. Her goal is to elevate journalistic principles and share the pursuit of truth in concert with others.

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