China's zero-COVID policy tops risk list for 2022: Eurasia Group

Big tech companies' dominance, U.S. midterms also on consultancy's warning radar

20220104 china zero covid

Workers stand at the entrance to a university's residential area under lockdown in Xi'an, China, on Dec. 20. The government maintains a zero-tolerance approach to containing COVID-19. © Reuters

WATARU SUZUKI, Nikkei staff writer

TOKYO -- China's strict adherence to a zero-COVID policy will backfire in 2022, consultancy Eurasia Group predicts in its list of top political risks for the year, causing problems far beyond the country's borders.

The U.S.-based group also sees the growing influence of tech giants and the American midterm elections as key risk factors to watch, along with Russia, Turkey and the global transition from fossil fuels to renewables. Overall, the analysts warn, the lack of global leadership "is clearer than ever."

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