Covid-19

While the rest of the world has moved on from strict Covid measures, China is continuing its dynamic zero-Covid policy and local governments are sticking to what they know best — lockdowns. But this mode of control is looking increasingly untenable on the back of increasing protests. Zaobao correspondent Yu Zeyuan looks at how the CCP can respond.

China’s 20th Party Congress signalled that the government is focused on dual circulation, in particular domestic circulation. However, that does not mean that China has the intention for implementing a closed-door policy. In fact, a healthy domestic circulation will boost China's ecosystem for innovation and growth and help China further open up.

China’s resurgence of Covid-19 infections has widened the gap between the young workers opposed to the tightening of controls, and the older generation that feel safer with strict measures in place. Given that the elderly make up a high proportion of the Chinese population, Chinese authorities seem to be holding fast to the dynamic-zero policy. Zaobao correspondent Wong Siew Fong tells us more.

In 2021, more Chinese families became either rich or richer, with Guangdong overtaking Beijing as the region with the most high-net-worth families in the country. These high-net-worth households largely made up of entrepreneurs, real estate investors and professional financial investors, are expected to transfer an estimated 18 trillion RMB of wealth to the next generation over the next decade.

Zaobao correspondent Yang Danxu takes a look at China’s ailing property market and the various measures taken by property companies and the authorities to boost sales and ensure that homes are completed and handed over to buyers. While the intention is good, will they work under the current Covid-19 situation?

Various areas in China have responded to the new “20 measures” for Covid-19 controls, as announced by the Chinese central government on 11 November. Zaobao’s China Desk takes a look at how various local authorities have — or have not — adjusted their measures and the public’s reaction.

Zaobao correspondent Yu Zeyuan looks at how Covid controls have changed — or not — in various places in China following the announcement of the new 20 measures to ease Covid controls. Going by the measures implemented, it seems that lockdowns and testing seem to still be the default in curbing Covid in China.

This year’s dramatic geopolitical changes have significantly altered the calculus for foreign investment in China as large European enterprises are increasingly taking the lead and Japanese businesses are retreating in manufacturing and advancing in services. American companies, on the other hand, are frozen as the US government imposes tough sanctions on China’s tech sector and as manufacturers weigh strategic moves back to the US.

Chinese ambassador to Singapore Sun Haiyan responds to an article by Lee Huay Leng, editor-in-chief of SPH Chinese Media Group. She notes that while individual stories have to be remembered, national policies have to take into account the big picture. The difficult but necessary decisions taken on Covid management reflect this.