After an unprecedented wave of protests against harsh lockdowns, Chinese officials appear to be preparing citizens to live with Covid-19. Beijing has plenty of economic goals, quotas and deadlines but so far has published no roadmap for transitioning away from containment to management.
People gather for a vigil and hold white sheets of paper in protest of coronavirus disease restrictions, as they commemorate the victims of a fire in Urumqi, as outbreaks of the coronavirus disease continue in Beijing, China, November 27, 2022. REUTERS/Thomas Peteragainst harsh lockdowns, Chinese officials appear to be preparing citizens to live with Covid-19.
That prompted a second stock market relief rally. Stocks popped in mid-November when the government signaled it would relax draconian measures under President Xi Jinping’s “dynamic zero-Covid” policy. In reality the opposite happened. Frustration over this reversal drove people onto the streets. need to know whether China will finally approve foreign mRNA jabs; those eying the swathe of upcoming initial public offerings by test-kit makers want to know how many more of them the government is going to buy.
There are better ways. Singapore telegraphed its plan to lift quarantine and social distancing measures in stages after over 80% of its population was fully vaccinated. Instead of obsessing over infections, it referred to the number of patients in intensive care units to control the pace.
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