Part 3: Anomalies In The Chinese Covid Data – Evidence Of Manipulation?

  • Date: 12-Jan-2022
  • Source: Forbes
  • Sector:Economy
  • Country:Middle East
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Part 3: Anomalies In The Chinese Covid Data – Evidence Of Manipulation?

TOPSHOT - This photo taken on November 23, 2020 shows technicians processing Covid-19 coronavirus ... [+] tests at a laboratory in Tianjin, China. (Photo by STR / CNS / AFP) / China OUT (Photo by STR/CNS/AFP via Getty Images) China's economy is slowing down. There are many causes, including stress in the property development and real estate markets, and Beijing's crackdown on Chinese Tech. But lurking underneath is a large Unknown: How, and when, will China emerge – really, finally – from its Covid crisis? Initially, many expressed optimism that China had beaten the virus and would gain ground on Western economies still struggling to contain it. Even the Wall Street Journal thought so. This hasn't happened. Despite the surge in (mostly mild) Omicron cases, Western economies have done OK-to-Very-Well-(thank-you), and there is a sense that the crisis phase is coming to an end. But in China, things are murky. Entire cities are going back into hard lockdown. Omicron has arrived. There are reports of food shortages. Authorities are closing off mass transit to keep people in place. It isn't working. "Local outbreaks are springing up one after another": Xian (13 million people), Tianjin (14 million), Anyang (1. 5 million),