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IMF warns China over cost of Covid lockdowns

Hardline approach to pandemic risks damaging global economy, says Kristalina Georgieva

China, the world’s second largest economy, should review its zero-tolerance approach to the pandemic or risk damaging the global recovery, according to the head of International Monetary Fund.

Kristalina Georgieva said Beijing should reassess the use of lockdowns to limit the spread of the highly contagious Omicron variant since it became clear the harm to human health was less severe than the Delta variant.

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from The Guardian https://ift.tt/3GQHnId
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