Exactly, at the moment the Chinese stop the dynamic zero Covid strategy, at that moment, for the rest of the world Covid ceased to exist, at least in their mind, even testing for Covid will stop, because if China can't, nobody can't.
Chinese Economics Thread
- Thread starter Norfolk
- Start date
Seeseepee Is Collapsing
Zero Covid now making this year's GDP growth only 2-3%. The CCP planned for 5% or more. The more the policy fails, the more its supporters approve of it. Pretty hilarious.
I no longer think ZC will be removed next year. I suspect it will be kept on due to popular support. Well, who am I to judge? If China wants this, let them have it. They will have to bear the consequences of much lower growth. The national security implication it carries are significant: convergence with the US will take much longer than we all thought a few years ago.
Not that blind ZC supporters in this forum seem to care.
Don't be too quick to judge zero covid. Until about February 2022 the policy was extremely successful. It has had a few bad months, but soon it will be winter. Thousands of people have died from covid in Japan recently and it's only summer. We should know by now that the autumn will be worse and that Death will be haunting Europe this winter. Of course zero covid will have to end at some point for growth to recover, but what is the best timing? Only a madman would end zero covid today, just before autumn is coming. For now, China is committed to zero covid until at least early next year, that will be the next opportunity to loosen restrictions
Zero Covid now making this year's GDP growth only 2-3%. The CCP planned for 5% or more. The more the policy fails, the more its supporters approve of it. Pretty hilarious.
I no longer think ZC will be removed next year. I suspect it will be kept on due to popular support. Well, who am I to judge? If China wants this, let them have it. They will have to bear the consequences of much lower growth. The national security implication it carries are significant: convergence with the US will take much longer than we all thought a few years ago.
Not that blind ZC supporters in this forum seem to care.
Equation
Lieutenant General
Where are all the Youtube "China collapsing" videos naysayers at? China is not collapsing because of two reasons:
1. Monetary independence - manufacturing superpower that gave it a trade surplus to almost every country in the world and capital control.
2. China has learned from the US Great Depression and the Great Recession (2008).
This is a good video to learn the basics about China's growing economy and how it's government deals with any kind of economic "crisis".
1. Monetary independence - manufacturing superpower that gave it a trade surplus to almost every country in the world and capital control.
2. China has learned from the US Great Depression and the Great Recession (2008).
This is a good video to learn the basics about China's growing economy and how it's government deals with any kind of economic "crisis".
Okay Dr. OZ
One other thing to keep in mind that due to the nature of urban layout, Eastern Asian countries like China, Japan, and South Korea are worse hit by COVID than North American countries. Most of the population reside in high rise buildings that are tightly packed and COVID spreads very quickly in such environment. Just compare how COVID spreads in downtown NYC versus typical American suburbs.
I have no doubt that decision makers in China know threat there are potential consequences to full reopening. They are not stupid and know that there is exorbitant cost, monetary and human, associated with zero COVID. They are not doing this for the lols, which many of the zero COVID opponents here feel.
I have no doubt that decision makers in China know threat there are potential consequences to full reopening. They are not stupid and know that there is exorbitant cost, monetary and human, associated with zero COVID. They are not doing this for the lols, which many of the zero COVID opponents here feel.
The fact we are even discussing is a testament to the power of American media. The Western nations are almost experiencing a recession despite printing like crazy. They lost millions of people. Children had 3 years with practically no education and abnormal social life. One of my friends is a teacher here in the Netherlands. She was recently complaining about 4th grade children who can hardly read and cry in the mornings. Totally normal behavior... All of these arguments about social costs and economic slowdown are unsubstantiated at best.
In case those who are questioning China Covid policy forgot, it was already declared a people's war from the beginning and continue the fight on a war footing. Some accounts said China can put in a Covid CSI , ie, containment, screening, and isolation process and infrastructure within 2 hours for any cities. There are a lot of untold civic pride despite the hardship. It's still a pandemic, but it will not be forever, maybe next 3 years tops. China as a nation will come out healthy and firing on all cylinders, while the west would still be sorting out millions of walking sick people. Given the words "battle to defend Wuhan and Shanghai", those outside complainers might as well be pissing upwind.
