A series of quick policy U-turns by the Chinse Communist Party – which rarely admits it makes mistakes – is one of the most intriguing developments of the past few months.
Less than three months ago it was a defiant and uncompromising Xi Jinping who hailed an “all-out war” against COVID-19 in an address to the Communist Party elite in Beijing’s Great Hall of the People.
The policy backflips by the Communist Party, which rarely admits it makes mistakes, have baffled even the most astute China watchers, not to mention hundreds of millions of people in China who have now been infected with a virus their government told them they would protect them from. Messy exit from pandemic: Chinese hospitals, like this one in Beijing, have been overwhelmed by the spike in COVID patients since President Xi Jinping swiftly unwound his zero-COVID policy.Small protests broke out around China in late November as public frustration with lockdowns and other restrictions peaked
China is now in the grip of the world’s biggest COVID-19 outbreak to date. The human cost of abolishing COVID zero is difficult to calculate because of the lack of accurate data and the government’s narrow definition of deaths from the virus. Fewer than 40 official COVID-19 deaths have been reported since restrictions were lifted on December 7.
“The Chinese economy enjoys strong resilience, tremendous potential and great vitality. The fundamentals sustaining its long-term growth have remained strong,” he said., Xi now appears on a trajectory designed to support a post-pandemic economic recovery. That looks like good news for Australia as a construction boom would support ongoing demand for iron ore, while sanctions on some Australian exports are also expected to be quietly eased.
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