Stick or twist? China’s zero-Covid strategy risks further economic disruption

China’s continuation with its zero-tolerance approach against the coronavirus will deepen consumption woes and supply chain risks, as well as set back the nation’s efforts to deleverage and rebalance its economy, according to a report.Even though authorities are making efforts to fine-tune containment policies, shifting from massive lockdowns to more targeted, small-scale closures in big cities, the country is still unlikely to pivot away from a very low tolerance for virus cases for the rest…

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