China is risking a big hit to the economy and supply chains with zero-Omicron approach
CNN
The Chinese government's unwavering insistence on stamping out any trace of the coronavirus is facing its biggest test yet as authorities grapple with Omicron's quickening spread. And it could cost the world's second largest economy dearly this year.
The Covid-19 variant has been cropping up across China in recent days, including in major port cities like Dalian and Tianjin, prompting restrictions that could upend business operations in those places. The rest of the world is also dealing with Omicron, but China is different because of how intent authorities are on preventing any widespread outbreak by locking down cities and curbing travel.
The strict approach has so far been effective: China has recorded far fewer Covid-19 cases than many other nations during the pandemic, and its economy was the only major one to grow in 2020.
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