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Is China a One-Party State?
I think it takes a huge toll. It went from being the best performing economy during the pandemic lockdown, when the West was in lockdown, to now the worst. China adopts zero-covid because of its weak vaccinations, so they don't have the coverage that others do. And as well as the economic impact, what do you think the psychological impact is? Both for foreign businessmen who used to go regularly to China, they don't know anymore. The number of Chinese friends I know who say, well, luck, I haven't seen my family for two, three years. They're almost becoming a sort of hermit kingdom as long as thezero-covids