Why the world needs China's COVID zero policy
The longer it sticks with it, the better it will be for the rest. Throughout the pandemic, China's zero-tolerance policy for COVID-19 has prevented many deaths and ensured that the global trade network has continued to flow with minimal disruption. Even though restrictions in the country have led to temporary shutdowns of essential ports and factories, China's industries have so far made it through the pandemic remarkably unscathed. James Mayger argues why it might be sensible to learn from and support China's model if we want to avoid further shortages and increasing inflation.
From Bloomberg Businessweek