China is sticking with a strict COVID-19 containment strategy nearly three years into the pandemic, potentially disappointing investors hoping for a quick reopening, although authorities are making ongoing if modest tweaks to managing the virus.
But on Saturday, Chinese health officials reiterated their commitment to a "Daily infections, though extremely low by international standards, are hitting, while officials repeatedly reaffirm the zero-COVID policy that President Xi Jinping argues saves lives. China has not reported a COVID death since May 26.
"The experience of Hong Kong highlights the risk of reopening prematurely," he wrote in a Friday note, pointing to that city's extremely high COVID death rate. "There seems to be a growing tendency at the local level to emphasise a more targeted approach in implementing zero COVID," Yanzhong Huang, a global health specialist at the Council on Foreign Relations, said on Friday.
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