Home / World News / China's Xi signals tweaks to Covid strategy as economy under strain

China's Xi signals tweaks to Covid strategy as economy under strain

Chinese President Xi Jinping pledged to reduce the economic impact of his Covid-fighting measures, signaling a shift in a longstanding strategy that has minimized fatalities

Premium

Photo: Bloomberg

4 min read Last Updated : Mar 18 2022 | 11:17 AM IST

Chinese President Xi Jinping pledged to reduce the economic impact of his Covid-fighting measures, signaling a shift in a longstanding strategy that has minimized fatalities but weighed heavily on the world’s second-largest economy.

While reiterating a commitment to its Covid-Zero policy, China will “strive to achieve the maximum prevention and control effect at the least cost and minimize the impact of the epidemic on economic and social development,” Xi told a meeting late Thursday of the Politburo standing committee, the Communist Party’s top decision-making body.

It’s the first time that Xi has emphasized minimizing the economic cost of Covid-19 prevention at a

Topics : Coronavirus China economy China

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in