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Chinese Businessman and Economist Argues Against Strict Lockdown Measures for Fear of Damage to China’s Economy
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Chinese Businessman and Economist Argues Against Strict Lockdown Measures for Fear of Damage to China’s Economy

Don’t let arbitrary local quarantine guidelines prevent China’s labor force from returning to work.

Liang Jianzhang
Huxiu, 2020
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COVID-19, the illness caused by a novel coronavirus first discovered in Wuhan, China, has now become a pandemic affecting countries around the globe. As many countries follow in China’s footsteps with city lockdowns and quarantines, taking a look at China’s experience over the past couple of months may prepare you for what might happen. In this article, economics professor and demography expert Liang Jianzhang voices concern for the heavy toll that countrywide quarantines and restrictions on movement are having on the economy. He advises a more balanced, specific and data-driven approach.

Take-Aways

  • Local neighborhood committees are implementing stricter-than-required quarantine measures for residents returning from other regions of China.
  • The abundance of caution on the local level is preventing China’s workforce from going back to work and delaying China’s economic recovery. 
  • Data on the spread of COVID-19 should be collected and analyzed to create more efficient preventative methods and more specific rules for quarantine.

About the Author

James Jianzhang Liang is the chairman, former CEO, and co-founder of Ctrip, one of China’s largest providers of travel services. He earned a PhD in economics from Stanford University and is currently a research professor of economics at Peking University’s Guanghua School of Management.

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