Stifled dragon No one should take delight in Beijing’s economic woes
May 20, 2022
2 minutes
By Larry Elliott
China has been central to the story of globalisation over the past 30 years, but now it is struggling. More than two years after Covid-19 cases were discovered in Wuhan, the world’s most populous country has yet to get on top of the virus. Draconian lockdowns have been imposed because China’s vaccines are less effective than western ones, and immunity levels are lower too.
Growth is slowing,
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