5min chapter

Macro Musings with David Beckworth cover image

Martin Chorzempa on China’s Cashless Revolution and the Rise of Super Apps

Macro Musings with David Beckworth

CHAPTER

Do You Think Xi Jinping's Zero COVID Rule Will Change the World?

Martin Charzimpa: The isolation that China's been under since it closed its borders to the world and made it very difficult for Chinese people to leave. That has really isolated China and led to a lot of problems, says David Beckworth. In this case, there were people who'd long been pushing for there to be a less restrictive COVID policy," he says. "I can see kind of everything coming together and they're like, yeah, we got to change what we're doing"

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