The top Chinese leadership reiterated the need to maintain a “zero crown” policy to completely contain the new coronavirus, calling for more targeted measures to avoid economic damage.
According to the state news agency Xinhua, at a meeting of the Standing Committee of the Central Politburo of the Communist Party, chaired by General Secretary Xi Jinping (chairman), a plan was presented to prevent the spread of the corona virus so that life and production activities will be able to resume normalcy as soon as possible and a “more decisive” measure has been dictated to contain them. Newly elected members of the standing committee at the party’s convention last month acknowledged that the coronavirus situation was “still serious.”
The country’s leadership, including Mr. Xi, strongly urged party leaders to consider economic trends in zero-crown policy, but this time, views on crown countermeasures were presented after the new members became members. It was the first time.
Investors were looking for clues as to what China might do in the future as its zero-crown policy, which relies on blockades, mass screening and restrictions on movement, has dragged the economy along.
Politburo Standing Committee and Others Paving the Way for the Beijing Great Hall of the People (October 23 in Beijing)
Source: Bloomberg
Original title:China reaffirms the Covid Zero policy, calls for more targeted controls(extract)
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