11/29/2022, 2:02 PM (Source: TeleTrader)
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IMF: Beijing must use more targeted COVID policies

International Monetary Fund (IMF) Managing Director Kristalina Georgieva told the Associated Press on Tuesday during an interview that China should "move away from massive lockdowns" toward more targeted COVID-19 policies.

Georgieva further called on Beijing to "recalibrate" its stance on the zero COVID policy "exactly because of the impact it has on both people and on the economy."

Earlier, Chinese health authorities underlined that long-term lockdowns "should be avoided," while adverse effects on the general public's lives and economy should be minimized.

Baha Breaking News (BBN) / AY