ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
The Nikkei View

China's policy-induced slowdown is a warning to the world

Xi Jinping's zero-COVID focus threatens global supply chains

Shanghai residents receive PCR tests on May 13.   © Kyodo

The Chinese economy is losing steam. Industrial production dropped 2.9% year on year in April, the lowest since January-February 2020, when COVID-19 first hit.

China's zero-COVID policy, which has led to drastic measures such as the Shanghai lockdown, is serving as a drag on the global economy. Instead of moving to a post-pandemic era, the world now has to scrutinize Beijing's policy choices and adjust accordingly. 

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more