On the Impact of the ‘Zero COVID-19’ Policy on China’s Economic and Financial Systems DOI Creative Commons
Sergei Mezentsev,

Alena A. Bernyukevich

Humanitarian Vector, Год журнала: 2024, Номер 19(1), С. 85 - 95

Опубликована: Апрель 1, 2024

The article examines the “zero COVID-19 policy” in China pursued 2020–2022 order to address pandemic, and provides a number of measures based on tolerance for coronavirus.” essence this policy was localize reduce cases, save people’s lives. fight against pandemic slowed down, but did not stop socio-economic development PRC. also reviews publications impact economic financial systems, statistical data published by various structures China. Dialectical approach, methods analysis, synthesis generalization, graphic tabular were used during study, due which both positive negative consequences applying identified. It is emphasized that effective only combating until November 2022 quite successful solving problems, despite lockdowns, quarantines, etc. pays particular attention such indicators as GDP, exports, imports, trade balance, foreign direct domestic government investment, exchange reserves. Since spring 2022, dissatisfaction irritation population with has noticeably increased, protests anti-Covid restrictions took place some cities around As result, had abandon move rapid lifting restrictive measures. there an immediate large coronavirus outbreak, soon began decline. With its effectively implemented policy,” strengthened leadership position world stage. In conclusion, it stated policy, become thing history, deserves assessment.

Язык: Английский

On the Impact of the ‘Zero COVID-19’ Policy on China’s Economic and Financial Systems DOI Creative Commons
Sergei Mezentsev,

Alena A. Bernyukevich

Humanitarian Vector, Год журнала: 2024, Номер 19(1), С. 85 - 95

Опубликована: Апрель 1, 2024

The article examines the “zero COVID-19 policy” in China pursued 2020–2022 order to address pandemic, and provides a number of measures based on tolerance for coronavirus.” essence this policy was localize reduce cases, save people’s lives. fight against pandemic slowed down, but did not stop socio-economic development PRC. also reviews publications impact economic financial systems, statistical data published by various structures China. Dialectical approach, methods analysis, synthesis generalization, graphic tabular were used during study, due which both positive negative consequences applying identified. It is emphasized that effective only combating until November 2022 quite successful solving problems, despite lockdowns, quarantines, etc. pays particular attention such indicators as GDP, exports, imports, trade balance, foreign direct domestic government investment, exchange reserves. Since spring 2022, dissatisfaction irritation population with has noticeably increased, protests anti-Covid restrictions took place some cities around As result, had abandon move rapid lifting restrictive measures. there an immediate large coronavirus outbreak, soon began decline. With its effectively implemented policy,” strengthened leadership position world stage. In conclusion, it stated policy, become thing history, deserves assessment.

Язык: Английский

Процитировано

1