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Xi warms up China's economy, but virus narrows options

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By Beiyi SEOW

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President Xi Jinping has offered state backing for tech, infrastructure and jobs to revive China's economy, but analysts warn growth will continue to wilt until Beijing drops its rigid virus controls.

If only the controls were working the Chinese government could have something to try and justify them, but since it has become obvious that other countries can get better management (with lower infections and death rates than China) without having to oppress the population with uneffective and counterproductive measures it is only a question of time until something happens in China. The danger is that this could involve other countries and make a bigger mess of the world economy than it is right now.

5 ( +6 / -1 )

Soooo many reasons today now to lessen the global supply chain's dependence on communist, authoritative China. I warned about the "China risk" many years ago, back when the mainstream globalists said with great conviction that global integration would make China more prosperous, and therefore liberal and free with the growing middle class clamoring for democracy.

Wrong, I said at the time. Too bad the people of my worldview have basically zero representation among Western policymakers.

4 ( +4 / -0 )

For once I agree with Xi, and as usual I disagree with virusrex.

China's vaccines has NOT been as effective as western vaccines. This has been proven in HK, Indonesia, Malaysia and whereever else they were were used.

So unless China can get citizens in outbreak areas innoculated quickly, isn't it better to be safe than sorry? The recent experience in HK says it all, much unnecessary deaths, even with severe restrictions.

But of course, global corporate elites just want their supply chain back to normal, never mind Chinese lives.

-5 ( +0 / -5 )

China's vaccines has NOT been as effective as western vaccines. This has been proven in HK, Indonesia, Malaysia and whereever else they were were used.

This is part of the problem, not an excuse, the CCP disregarded the importance of vaccination because it is ouside of the zero COVID policy, why develop a better vaccine or buy foreign made effective ones (and recognize failure!) if they can eradicate the pandemic from the country?

The answer is clear right now, because thanks to the appearance of variants it is not possible to have zero covid cases, even if you make a mess of the public health services and destroy the local economy in the zones of the outbreaks as they have already demonstrated.

Half a year ago countries like New Zealand and Australia opportunely understood change was necessary and switched gears to prevent serious disease cases and deaths, by doing the opposite of what China kept doing, and thanks to that they managed to efficiently vaccinate their population (not only the vulnerable segments) and control the outbreaks so their health services can deal with limited serious cases. If the CCP was prioritizing lives Hong Kong and Shanghai would have never happened because they had all the time in the world to do the same.

3 ( +4 / -1 )

China has had positive growth throughout the Covid crisis.

And it seems to put lives of human before its economy--imagine that.

Two and a half years since the coronavirus first emerged in Wuhan, China is the last major economy still closed off to the world, ****despite its relatively low death toll.

Half a year ago countries like New Zealand and Australia opportunely understood change was necessary and switched gears to prevent serious disease cases and deaths, by doing the opposite of what China kept doing, and thanks to that they managed to efficiently vaccinate their population (not only the vulnerable segments) and control the outbreaks so their health services can deal with limited serious cases.

Completely false and actually funny; the opposite is the reality.

For example, Australis has about 7000 deaths recorded that are related to Covid infections.

China has about 5,000.

As Australia's government reported last December, after it eased Covid restrictions New South Wales, for example, started recording about 1.4 cases per 1,000 people in the population, which was approaching the UK’s high figure of about 2 per 1,000.

And that was when about 80% of the population in Australia was vaccinated.

But, some people are deniers and would rather invoke conspiracy theories than deal with reality.

We've seen it before.

-4 ( +1 / -5 )

I've managed to live without anything which has 'Made in China' stamped on it for a few years now - in fact, the only thing I've had from China was a nasty dose of Chinavirus.

Now the number of deaths worldwide are recognised as being over 15 million, well that's 15 million reasons for avoiding anything at all to do with that deceitful country, and unsurprisingly still no hint of an apology to the rest of the world's population.

4 ( +4 / -0 )

Completely false and actually funny; the opposite is the reality.

False, China only count covid deaths if there is no other health problem present as a way to hide the real number.

Australia reports all deaths including those that have preexisting conditions, but if it were to report the same as China it would only have the 6.7% according to their data.

https://www.abs.gov.au/articles/covid-19-mortality-australia-deaths-registered-until-31-march-2022

Hong kong alone has 9,346 deaths.

Using the same reporting system Australia would have 503 (the 6.7% of 7516)

You already know this because it has been presented to you repeatedly, but you still feel the need to present a false comparison, this means you already know you are mistaken but intend to mislead others with that false information.

This can easily be corroborated in objective sources by anybody, so just claiming is not true is worthless.

0 ( +1 / -1 )

Sh1mon M4sadaMay 9  10:11 am JST

For once I agree with Xi, and as usual I disagree with virusrex.

China's vaccines has NOT been as effective as western vaccines. This has been proven in HK, Indonesia, Malaysia and whereever else they were were used. 

So unless China can get citizens in outbreak areas innoculated quickly, isn't it better to be safe than sorry? The recent experience in HK says it all, much unnecessary deaths, even with severe restrictions.

But of course, global corporate elites just want their supply chain back to normal, never mind Chinese lives.

Exactly.

President Xi Jinping has offered state backing for tech, infrastructure and jobs to revive China's economy, but analysts warn growth will continue to wilt until Beijing drops its rigid virus controls.

We will see. We have already seen how Australia and New Zealand's economies wilted. And they basically gave up trying to protect their people.

Australia reports all deaths including those that have preexisting conditions, but if it were to report the same as China it would only have the 6.7% according to their data.

False, invalid data.

And anyone who suggests China should follow Australia and New Zealand's lead is like telling people to not wear seatbelts whil driving on the highway because they will be safer:

Reported Covid infection rates in Australia are already among the highest in the world. As of data from 2 May, Australia’s average daily infection rate is 1,515 cases per million people – the second-highest in the world for countries with a population greater than 1 million, after New Zealand (1,566 cases per million).

https://www.theguardian.com/world/2022/may/07/explainer-why-are-covid-infection-rates-in-australia-so-high-compared-to-other-countries

-1 ( +0 / -1 )

We will see. We have already seen how Australia and New Zealand's economies wilted. And they basically gave up trying to protect their people.

They economies recovered and are flourishing after abandoning the outdated policy. They have no less deaths than China due to COVID,, also less deaths by disruption of the health services and because of economic debacle. The article is describing problems that China has and that will cause more deaths in the future and that neither Australia nor New Zealand are suffering.

False, invalid data.

The data is there for anybody to corroborate, you can claim otherwise for yourself, but anybody interested can easily corroborate it is true. Infections are not a health problem if hospitalizations and deaths are kept at a low level, this has been done efficiently in many countries but not in China.

1 ( +1 / -0 )

What COVID has (or should have) taught us, is that the Global Supply Chain is not perfect, and if we rely upon others for key economically related imports then we are screwed when it all goes belly up, such has happened with COVID and with Russian Oil / Gas.

LEAN / Six-Sigma instructors around the world are face to face with their worst nightmare; utter and complete repudiation. Just on time has become stuck in a Chinese port. One wonders how many are removing any references to LEAN / Six-Sigma or Kaizen training from their CVs? The Circle of Continuous Confusion spins faster and faster ...............

0 ( +0 / -0 )

XI thinks building more apartments and offices for ghosts is going to resurrect the economy?

He’s a fool!

0 ( +0 / -0 )

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