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Reuters – Organised ‘overkill’: China shows off rapid lockdown system after latest outbreak

Summary:
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

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 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

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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