China News: One Chinese province spent $22 billion on eliminating Covid before policy U-turn

https://www.cnn.com/2023/01/16/economy/china-local-governments-reveal-covid-spending-intl-hnk-intl-hnk/index.html

A number of regional governments in China have revealed the enormous sums they’ve spent on fighting the pandemic, reinforcing a previous state media report suggesting that mounting costs were a key reason why the country abruptly abandoned its zero-Covid policy.

On January 8, when China reopened its borders and formally downgraded its management of Covid as a serious infectious disease, the state-owned Xinhua News Agency published an article disclosing the main reasons behind the leadership’s change of thinking on their Covid policy.

“It is difficult to eliminate the coronavirus, and the social cost and price of Covid prevention and control are rising,” it said.

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