China is in for a rude awakening | After “zero Covid” in China, health and safety deterioration could cripple the economy

https://www.challenges.fr/monde/apres-le-zero-covid-en-chine-la-degradation-sanitaire-et-securitaire-pourrait-gripper-leconomie_840631

After three years of chaotic management of the health crisis, the Chinese economy is showing worrying signs of running out of steam, and many in business circles want to see the lifting of these restrictive measures as a return by Beijing to a pro-business policy.

Absenteeism is further accentuating “the risk of disruptions to supply chains, which have already been damaged by the pandemic and the war in Ukraine”, says Sandrine Zerbib, a specialist in China’s consumer sector and co-author of the book Dragon Tactics (Dunod).