Case in point: China’s U-turn on zero-Covid ‘casts a long shadow’ over economic governance

Beijing’s sudden – and chaotic – break from zero-Covid has cost the economy and raised questions about the country’s top-down economic model.

Scars from three years of coronavirus turmoil are not expected to fade quickly and many of Beijing’s cherished development goals are now in question.

As with some countries China has a bad practice of taking delayed decisions and suddenly flip-flop on their decisions. Modern leadership has the Best Practice of making quick calculated decisions and fine-tuning the process.


#hongkong #ZeroCovid #China #beijing

Delayed Decision & Flip-Flopping (Bad Practice) VS. Quick Decision & Fine-tuning (Best Practice) – by Leaderfinity