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China's COVID surge is spreading — with good and very bad news for the world economy
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It would be a gross understatement to say China is ill-prepared for President Xi Jinping's recent abrupt abandonment of his zero-COVID policy. With a large part of the population inadequately vaccinated, COVID is spreading like wildfire across the country. More than half the passengers on a China-to-Italy flight this week tested positive. Leaked notes from Chinese official estimates reveal that over the past 20 days as many as 250 million people...
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