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Stories Tagged as

Zero covid

One man's crisis of confidence in China

by Jennifer Pak
Oct 2, 2023
China’s economy has not been recovering as fast as hoped for after the zero-COVID policy ended, partly due to a lack of confidence.
A bustling market in China's Liaoning province. China's economy has not rebounded as quickly as anticipated, partly because of a lack of confidence among its people.
STR/AFP via Getty Images
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China's economy is slowing. Is the political economy to blame?

by Kai Ryssdal and Sean McHenry
Aug 9, 2023
Adam Posen of the Peterson Institute says that implementation of the zero-COVID policies made people feel "very insecure."
According to Adam Posen, it's been difficult for China's leaders to re-establish trust after the implementation of zero-COVID. "We've already seen leaders from the Communist Party around President Xi Jingping say, 'Oh, no, we want a vibrant private sector in China, said Posen. "But it's hard to be credible once you get to that point."
Ken Ishii-Pool/Getty Images
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