Zero-Covid Policy 'Has Limited Economic Impact'

China’s anti-pandemic approach of clearing Covid-19 infections in a timely manner has limited drag on the economy, Xinhua reported, citing research by Australia’s ANZ Bank.

The reason for the policy’s limited impact is that the preventive measures are highly targeted and localised, said the report, with only some 2.6% of China’s gross domestic product affected.

Read the full report: Xinhua

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.