IDEAS home Printed from https://ideas.repec.org/p/imf/imfscr/2023-081.html
   My bibliography  Save this paper

People’s Republic of China: Selected Issues

Author

Listed:
  • International Monetary Fund

Abstract

This Selected Issues paper focuses on recalibrating the coronavirus disease (COVID) strategy in the People’s Republic of China. Successfully containing outbreaks also supported the gradual transition to more targeted and flexible containment measures, refining the overall strategy in line with the evolution of the pandemic. In late 2022, the authorities started easing COVID containment policies notwithstanding ongoing spikes in infections. Even though the economy bounced back quickly from the 2020 outbreaks, the recovery of private consumption has been lagging—in part as a result of the need for recurring lockdowns and elevated uncertainty. Throughout 2022, the emergence of more transmissible variants put the zero-COVID strategy to test and outbreaks have significantly hurt domestic economic activity. An immediate withdrawal of all nonpharmaceutical interventions could have severe health consequences, given the relatively lower level of vaccination for the most vulnerable, a possible lack of antiviral treatments, and still limited medical capacities.

Suggested Citation

  • International Monetary Fund, 2023. "People’s Republic of China: Selected Issues," IMF Staff Country Reports 2023/081, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2023/081
    as

    Download full text from publisher

    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=529473
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Salma Ahmed & Aviel Avshalumov & Tania Chaar & Eshini Ekanayake & Helen Lao & Louis Poirier & Jenna Rolland-Mills & Argyn Toktamyssov & Lin Xiang, 2023. "Assessing global potential output growth and the US neutral rate: April 2023," Staff Analytical Notes 2023-5, Bank of Canada.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfscr:2023/081. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Akshay Modi (email available below). General contact details of provider: https://edirc.repec.org/data/imfffus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.