China’s Covid Lockdowns ‘Strangles’ Growth
China's Premier Li Keqiang issued a stark warning to party officials last week: the government's zero-Covid policy puts the Summer harvest at risk. He called on government officials at all levels to coordinate "COVID-19 response with economic and social development." (Sources: Financial Times and China's Premier's office)
The statement follows a mid-May meeting in the Standing Committee of the Political Bureau of the Communist Party of China Central Committee in which Li pressed for a faster enactment of new macroeconomic policies.