China’s ‘Zero COVID’ Strategy Is Spooking Investors

A man walks past a bank’s electronic board showing the share index at the Hong Kong Stock Exchange, April 12, 2022 (AP photo by Vincent Yu).
A man walks past a bank’s electronic board showing the share index at the Hong Kong Stock Exchange, April 12, 2022 (AP photo by Vincent Yu).

A number of prominent economists and business leaders are sounding the alarm over China’s “zero COVID” coronavirus strategy, painting a gloomy outlook for China’s economy. The government-imposed extended lockdowns and isolation periods to stamp out every outbreak of the virus in cities around the country are creating economic uncertainties and casting doubt on Beijing’s ability to reach its target of 5.5 percent economic growth in 2022. Beijing’s continued ambiguity regarding its position on the conflict in Ukraine, in which it professes to be neutral, is also worsening its already tense relationship with the U.S., while straining ties with the European Union. […]

Keep reading for free right now!

Enter your email to get instant access to the rest of this article, get five free articles every 30 days, and to receive our free email newsletter:

Or, Subscribe now to get full access.

Already a subscriber? Log in here .

What you’ll get with an All-Access subscription to World Politics Review:

A WPR subscription is like no other resource — it’s like having your own personal researcher and analyst for news and events around the globe. Become a member now, and you’ll get:

  • Immediate and instant access to the full searchable library of 15,000+ articles
  • Daily articles with original analysis, written by leading topic experts, delivered to you every weekday
  • Daily links to must-read news, analysis, and opinion from top sources around the globe, curated by our keen-eyed team of editors
  • Weekly in-depth reports, including features on important countries and issues.
  • Your choice of weekly region-specific newsletters, delivered to your inbox.
  • Smartphone- and tablet-friendly website.
  • Completely ad-free reading.

And all of this is available to you — right now for just $1 for the first 30 days.

More World Politics Review