China's zero-COVID policy poses challenge for manufacturers and supply chains | DW News

The International Monetary Fund (IMF) said that China's economic recovery is well advanced but imbalanced due to weak consumption. The IMF forecasts the world's second-largest economy will grow 4.8% in 2022 and 5.2% in 2023, down from 8.1% growth last year. China analyst Fraser Howie told DW that China's zero-COVID policy has had a severe impact on global supply chains.

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[robinlee]

once China stop 0 covid policy , DW ：《China give up 0 covid policy poses challenge for manufacturers and supply chains》

[marktu]

The media and so called experts missed the key point of China's strategy: locking down small areas with cases for a short period of time allows the rest of the country to function normally. That's why China achieved 8.1% GDP growth and record high trade in 2021.

[americannumber]

Wait wait wait a minute. In the past "Why are you spreading the virus!" Now "why are you stopping spreading the virus"

[marktrinidad]

Thank God China's growth is unbalanced. We need every bit of negative news from China in order for our people to still feel superior in the west. Keep it up.

[obj]

I always watch DW to see how many angles they could tweak. They never fail me :)

[akattau]

What is the bottleneck of the supply chain? As we all know it's not in China - it's the high infection number and subsequent lacking of transportation power, which is the case China has been trying to avoid.

[TAL]

DW seems to be able to find all these challenges in China. But aren't those the same challenges or worse challenges elsewhere. We all know US inflation is going affect all the countries when US raise their interest rate especially those use US$ exclusively.

[americanidiotinchief]

See they keep coming back to evergrande again 😂😂😂😂😂😂
For 3 months last year the west really hoped that evergrande would fail and bring down the CCP with it 😂😂😂😂😂😂😂😂😂😂😂
And until now there's no sign of it 😂
So they talk less about it now and move on to another BS 😂

[krishnkant]

Unbalanced recovery is the norm all over the world.
Rather I see situation in China much better considering their overall economic growth.

[blackknight]

DW without fail shows how to stay at the bottom cesspools of journalism, well done! If they don't slander and lie they won't get paid!

[stapleman]

The real question is, can you trust a guest who has Storm Trooper and Darth Vader bookends? Highly suspect as an Empire Operative.

[wsurfer]

May be Germany should stop producing cars so the supply chain won't be challenged.

[damiengreen]

4.8% growth amidst a Zero COVID strategy, not bad at all. Meanwhile, with the West's 100% COVID strategy the economic risks (<-- seems to be the only type of risk which matters) posed by new variants and long-term sequelae is immeasurable.

[VL-inquisitor]

The following is a fictitious conversation between IMF and China on covid policy and the global economy. Whilst this is all being made up, it reflects the harsh reality of how the rest of the world sees China, and what China must do as a responsible country.

IMF: China’s zero-tolerance policy could jeopardize the recovery of the global economy.
China: I am sorry, China was the only major economy with positive GDP in 2020 when the first outbreak of covid occurred. We also had an 8.1% GDP growth in 2021, with export surging to USD 3.3 trillion, both the highest level in the past 10 years. If anything, we have been the most reliable factor in supporting global trade and economy thus far.
IMF: We are talking about the future and there is always a risk that something goes wrong.
China: But something bad already happened elsewhere. Take the USA for example. They don’t have enough container terminal operators. They don’t have enough truck drivers. Even in the logistic sector generally, they don’t have enough workers due to the Great Resignation and the Great Sick-out. These are causing domestic supply chain disruptions and hence empty shelves in supermarkets. It all started because they did not handle the pandemic well from the onset.
IMF: Very well said and 100% logical and factual. However, we still believe China may threaten the global economy under its strict covid policy.
China: We have proven that our covid policy works. We have also proven that our manufacturing capacity remains robust which is a direct result of the strict covid policy. Does that mean we have to adopt the covid policies elsewhere like what the UK is doing - namely lifting all restrictions like mask-wearing and living with the virus?
IMF: Yes, very much so.
China: Damn it! As a responsible nation, we cannot let external pressure sway our resolve in fighting the pandemic, which itself is crucial in sustaining our manufacturing output. More importantly, as a responsible government, we have to protect the lives of our nationals. We’ll do whatever we think fits.

Personally, I believe China is positioned better than any other country to start relaxing its covid measures. We will see and, as always, time is the best judge.

[americanidiotinchief]

Unbalanced recovery 😂😂😂😂😂
Chinese economy grew 8+% last year thats what recovery looks like

[wanghui]

In conclusion, CHINA BAD CHINA BAD CHINA BAD CHINA BAD.

[rocknee]

So China should follow America road to sickness ? Or japan?

[nofire]

china gdp in 2020 was $14.7 and in 2021 china gdp is $17.7 a $3T growth for one year and that's equivelent the entire of india gdp in 2022 china gdp will reach $19, 2T and their gdp growth will be 5.1 just like the last two years if you look the china average grwoth from 2019 to 2021 was 5.1 in 2020 2.2 and in 2021 8.1 so their covid policy is working

[rso]

Why is he blinking 5 times a second though

[paulchristensen]

I applaud Beijing for "cracking own" on teck companies. At least one country has both the moral compass Cohones to say enough is enough and then act on it