China’s economy resilient despite outbreaks, says writer

A resident looking outside through a barrier of a residential area during lockdown amid the Covid-19 pandemic in Shanghai. – Reuters

IN the West, international media have portrayed Omicron infections in China as a harbinger of a mass outflow of foreign multinationals from the country. Yet the investment data reflect the opposite.

Since early March, the outbreak of the Omicron variant of the novel coronavirus has spread from Shanghai to other parts of China, including Beijing, and Guangdong and Hunan provinces.