Strict “zero Covid” curbs have been smothering growth. After easing them, Beijing faces the twin challenges of rising caseloads and wary consumers.
Category: Coronavirus (2019-nCoV)
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How Will China Turn Its Economy Back On? The World Is About to Find Out.
The New York Times – Business: -
The Risks of ‘Yes, and’ Leadership
The New York Times – Business:Recent years have demanded that C.E.O.s accept uncertainty. Some have taken that to extremes.
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China’s ‘Zero Covid’ Policy Changes, Explained
The New York Times – Business:The Chinese government ordered officials to cut back on mass testing and hair-trigger regional lockdowns, in a pivot from stringent pandemic rules.
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China Eases ‘Zero Covid’ Restrictions in Victory for Protesters
The New York Times – Business:Beijing’s costly policy of lockdowns has pummeled the world’s second-largest economy and set off mass public protests that were a rare challenge to China’s leader, Xi Jinping.
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The Week in Business: Upheaval in China
The New York Times – Business:The labor market showed continued resilience. President Biden signed legislation averting a rail strike. And a near-total embargo on Russian oil takes effect.
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After Fanning Covid Fears, China Must Now Try to Allay Them
The New York Times – Business:Beijing had long warned that the only effective response was testing, quarantine and lockdowns. As it shifts policy, it must change how it portrays the risks.
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Why Are Middle-Aged Men Missing From the Labor Market?
The New York Times – Business:Men ages 35 to 44 are staging a lackluster rebound from pandemic job loss, despite a strong economy.
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Gannett Starts Another Round of Staff Cuts
The New York Times – Business:The largest newspaper chain is cutting roughly 6 percent of its 3,440-person U.S. media division.
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FDA Considering New Approach to Blood Donation by Gay and Bisexual Men
The New York Times – Business:The agency may put in place a personalized risk assessment to replace the current prohibition on men who have had sex with men in the previous three months.
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Is Spreading Medical Misinformation a Doctor’s Free Speech Right?
The New York Times – Business:Two lawsuits in California have pre-emptively challenged a new law that would punish doctors for misleading patients about Covid-19.
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China Says It Will Do More to Vaccinate Older People Against Covid
The New York Times – Business:Only 40 percent of those age 80 or older have had booster shots. Officials said they will go door-to-door and bring vaccines to nursing homes to lift that number.
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China Protests Over ‘Zero Covid’ Follow Months of Economic Pain
The New York Times – Business:President Xi Jinping’s unbending approach to the pandemic has hurt businesses and strangled growth, squeezing the world’s second-largest economy.