The Intelligence from The Economist Viral hit: the costs of China’s lockdown
Jan 30, 2020
David Rennie, Beijing bureau chief for The Economist, provides firsthand insights from the locked-down Hubei province, revealing residents' mixed feelings of resignation and fear amid strict measures. Henry Trix, an author on global business, discusses how the oil industry must pivot to renewables to thrive, despite their ongoing investments in fossil fuels. The conversation also touches on Mongolia's harsh winters and their impact on nomadic herders, showcasing the urgent need for adaptation in the face of climate change.
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Hubei Lockdown
- David Rennie visited villages near Hubei's border during the lockdown.
- He found empty streets, blocked entrances, and temperature checks, contrasting with the usual Lunar New Year hustle.
Lockdown Effectiveness
- While seemingly effective in instilling caution, China's lockdown approach may not be the most medically sound strategy.
- Experts suggest targeted tracking of infected individuals is more effective than broad lockdowns.
China's Response
- China's response to the coronavirus outbreak is better than their handling of SARS.
- However, delays in admitting human-to-human transmission and testing kit shortages remain concerns.