China’s Reopening Bust Laid Bare By Disastrous Data

Guess what? China's decision to roll back strict pandemic curbs didn't lead to a surge in economic activity across the world's second-largest economy in December. Au contraire, Xi's haphazard, overnight dismantling of an epidemic control regime built and maintained over three years prompted a sharp contraction in the services sector, according to PMI data released on Saturday. The official non-manufacturing index printed a wildly disappointing 41.6, the lowest since the dark days of February 2

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5 thoughts on “China’s Reopening Bust Laid Bare By Disastrous Data

  1. His New Year’s statement is a rally around the flag speech. We could have no idea how the population responded.
    Two weeks ago the general feeling I was getting from analyst in the medical community was that China would be getting a peak in Covid mid January through February. Evidently they were already beginning severe pandemic at his reopening.
    Will the population have a resentment feeling as if they wasted a couple of years? Or will they unify behind him during this?

    1. Posters on the “unofficial” chat boards are putting the blame on the protesters. Often portrayed as selfish slackers.

      Xi may come out of this in a stronger position.

  2. I love the rhythm of Communist propaganda. It’s like purple prose but written by a impaired tankist… 🙂

    As to supporting lockdowns in 2020 and reopening once vaccines were widely available – I mean, yeah, d’uh. Once the facts change etc. It’s always been a problem when people point out to official/CDC/Fauci “flip flopping” as if policies couldn’t evolve with circumstances and said circumstances didn’t involve risk trade offs not everyone would honestly agree on.

    And that’s on top of the fact that bureaucracies can sometimes be “unduly” conservative/keen on covering their rear ends. I put unduly in “…” b/c, really, when you’re not blamed for thousands of technically preventable deaths occurring but blamed if a single death result from your actions, the bias toward inaction is hard to fight.

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