Chinese economy breaks on impossible trinity

David Llewellyn-Smith

Tuesday 26 April 2022

Chin is both winning and losing its battle with OMICRON. On one hand, case numbers are falling:

But they can’t stamp it out and Beijing is now being drawn into lockdowns.

On the other hand, the economic spillovers are mounting:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.