Why IMF criticizes China's cowardice policy?

Since the beginning of the epidemic, China, the world's second-largest economy, has adopted a zero-tolerance policy. In other words, they will not allow the infection to spread in any way. But two years have passed since the epidemic. In this context, the International Monetary Fund (IMF) says it is time to review the policy. Otherwise, China's tough policy will hurt the world's economic recovery. The head of the IMF, Kristalina Georgia, said the new strain of coronavirus had been shown to be less harmful than the Omicron delta. As a result, China should now relax its strict sanctions. He was speaking at a virtual conference of the World Economic Forum. Strict restrictions are being imposed in the cities or regions of China where the infection is on the rise. These restrictions have now become a burden on the economies of China and other countries in the world. In early January, the Chinese National Health Commission said it had detected eight new infections in China's Henan province. Since then, millions of people have been placed under strict restrictions. In the last few weeks, several more provinces have been brought under strict restrictions. Georgia added that China's economic growth has been relatively slow due to the epidemic. If new restrictions are imposed on it, it will also have a negative impact on consumer spending. Inflation has been high around the world for over a year now, largely due to rising freight rates worldwide. This situation is deteriorating further due to strict restrictions in the country. The head of the IMF said, China still adheres to the zero-sum policy. But covid has taught us all that cracking down on the highly contagious type of covid will have a big impact on the economy. Meanwhile, China has already withdrawn various financial incentive projects. Georgia criticized the Chinese government for that. He said the Chinese economy still needed government support. Assistance should not have been withdrawn so quickly. China's central bank should keep interest rates low and the government should continue subsidies. Earlier this week, the People's Bank of China cut interest rates. A new type of coronavirus, Omicron, has spread around the world. All countries in the world are now accustomed to living with coronavirus. There are questions about how long China will adhere to the zero-quid policy. Discussion-criticism has started. China still maintains strict border restrictions. Ben Cowling, an epidemiologist at the University of Hong Kong, said the emissions had become a bigger threat to the Covid policy than any other type. This is because it is highly contagious, spreading at twice or three times the speed of a delta; However, China also has the capability to control this infection. Since August, China has tried to get any outbreak under control within about two weeks, much shorter than the four to six weeks in earlier battles against sporadic flare-ups following the initial nationwide epidemic, according to the National Health Commission. China has started 2022 with its biggest tally of local coronavirus cases for any seven-day period since subduing the country’s first epidemic nearly two years ago, despite an arsenal of some of the world’s toughest COVID-19 measures.