No expense is spared in China, but the money is well spent as the economy is getting back on steam. Days after a 17-year-old girl tested positive for COVID-19 in a remote part of western China last week, health authorities said they had tested over 4.7 million people in the region.China's strict formula of immediate lockdowns and mass testing even at the first signs of infection has been vital to its success in controlling the disease, allowing its economy to quickly recover from the crisis, officials say.The highly orchestrated strategy - described as "overkill" even by its own proponents - is unique among major economies at a time when Europe and the United States are facing a massive surge of new cases and often chaotic policies..Organised 'overkill': China shows off rapid lockdown
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
New Economics Foundation writes Is the Labour government delivering on its promises?
John Quiggin writes Dispensing with the US-centric financial system
New Economics Foundation writes Whose growth is it anyway?
Matias Vernengo writes What is heterodox economics?
No expense is spared in China, but the money is well spent as the economy is getting back on steam.
Days after a 17-year-old girl tested positive for COVID-19 in a remote part of western China last week, health authorities said they had tested over 4.7 million people in the region.
China's strict formula of immediate lockdowns and mass testing even at the first signs of infection has been vital to its success in controlling the disease, allowing its economy to quickly recover from the crisis, officials say.
The highly orchestrated strategy - described as "overkill" even by its own proponents - is unique among major economies at a time when Europe and the United States are facing a massive surge of new cases and often chaotic policies..
Organised 'overkill': China shows off rapid lockdown system after latest outbreak