Another China is doomed article.
In the most literal sense, China hasn’t been Covid Zero for months, and with every new mutation, the stakes rise for President Xi Jinping and the rest of the world. On a list of the top global political risks in 2022, the Eurasia Group put the failure of China’s pandemic strategy at No. 1.
The country won’t be able to fully keep out omicron and subsequent mutations, the report predicted, requiring more lockdowns and further disruption of the supply chain: “Low growth, high inflation, and growing inequality will exacerbate public frustration with governments and stoke political instability to a degree we haven’t seen since the 1990s,” the report said.
In the most literal sense, China hasn’t been Covid Zero for months, and with every new mutation, the stakes rise for President Xi Jinping and the rest of the world. On a list of the top global political risks in 2022, the Eurasia Group put the failure of China’s pandemic strategy at No. 1.
The country won’t be able to fully keep out omicron and subsequent mutations, the report predicted, requiring more lockdowns and further disruption of the supply chain: “Low growth, high inflation, and growing inequality will exacerbate public frustration with governments and stoke political instability to a degree we haven’t seen since the 1990s,” the report said.