Throughout the pandemic, China has had a “zero covid” policy[....]Those extreme measures worked to keep the infection rates low, but what’s the end game?
[...]So what’s going to happen when the virus is finally unleashed on a huge population with probably low immunity?
That's the trouble - without vaccines that work (Chinese barely did against the original strain and not at all against recent ones), there is no exit strategy.
Wester countries used masking and social distancing to buy time to develop vaccines and scale up the medical infrastructure to handle Covid patients.
Chinese used lockdowns, and have continued to use them ... just because they can. Until very recently, when their population started rebelling. In the interim, they've made zero measurable progress updating Covid vaccines.
Chinese vaccines (8 are officially approved, but 2 are most distributed: CoronaVac and SinoPharm) were ~50% effective against the original Wuhan strain of the virus. Even multiple doses of these Chinese vaccines are
ineffective against omicron:
Their shots just aren’t as good as mRNA vaccines.
slate.com
And now that they no longer can maintain "zero Covid" policies, they will open up their unvaccinated population of ~1.3B (or whatever the true # is) to that latest and most virulent strains of Covid. In the winter. Right on time for the optimum virus-spread-friendly time of the year.
The outcome is highly predictable and unfortunate.
In another month or two, with hospitals and morgues overflowing again (privately, public data will be suppressed),
China will go RIGHT BACK into lock-downs. Wash, rinse, repeat.
If your company depends on critical Chinese-mainland based supply sources (I'm looking at you, Apple and Tesla!) - good luck (and let us know, so that we can short your stock)!
China does not have good, effective vaccines, and for some reason, they won’t buy good vaccines from countries that have them.
In my opinion, the slow vaccination rate in China is inexplicable. It's NOT a cost issue. They can afford it. Maybe it's a national pride issue, preferring their homegrown vaccines over others, but even so, they could have gotten everyone vaccinated by now with their local vaccines which do work, albeit not as well as ours (takes more shots to give similar immunity).
Chinese vaccination rate is actually very high, but their vaccines are ineffective against omicron and the more recent Covid strains.
Buying "evil capitalist" vaccines will be a public admission of the CCP failure to protect its citizens.
For a dictatorship that prides itself on being "better than chaotic Democracies", that is simply a politically intolerable outcome.
The could steal ours and replicate it.
They've tried, but evidently failed to replicate mRNA vaccine manufacturing process.
China even approached Moderna asking to reveal its mRNA vaccine manufacturing technology. Understandably, Moderna refused, but offered to sell their vaccines instead. China refused.
China still does not allow the use of mRNA vaccines developed in the West:
China says it's accelerating vaccine efforts as protesters criticize its 'zero-COVID' rules, but it still won't use vaccines from Western countries.
www.businessinsider.com
Covid lock-downs is one of many MAJOR ways in which China is truly and royally f@#ked.
It was fashionable as of late to fear China and treat it as a near-peer economic and military power relative to the US.
Give it another 6-18 months for that myth to fully implode....
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