The Chinese gov's "Zero Corona Policy" is expensive ... If thoroughly carry out PCR tests in major cities, will need "$22 B" a month.
While the Chinese government is sticking to the "Zero Corona Policy", it has been pointed out that it costs 121.2 billion former (about US$22 billion) every month for PCR tests, which is now Hot Topic.

According to a research report by China's Dong Wu Securities Institute, if the Chinese government were to carry out regular PCR tests in all major cities, the monthly cost would be 121.2 billion former, which translates into one year. It will be 1.45 trillion former (about $275 billion).

In this regard, Peking University professor Sowahei (economics) recently argued that "in the medium to long term, this (expansion of PRC testing) is the cheapest way to combat Omicron mutants."

However, in reality, the Chinese government's "Zero Corona Policy" is extremely costly and has a great impact on the lives of the people.

Since the beginning of May, many areas of Shanghai have taken measures to "isolate the residents of the entire condominium (or the same floor) with an external facility if even one person becomes positive." In response, one citizen said, "We haven't gone out, we haven't met people around us. We're neither close contacts nor semi-close contacts. Why should we be isolated? What if we have children? "I'm dissatisfied. Other citizens have questioned, "I get on a closed bus when I move (to a quarantine), but isn't that more susceptible to infection?"

In this way, many criticisms have been gathered for this measure. However, no official announcement has been made at this time as to whether this measure is a policy for the entire city of Shanghai or a regional one.
2022/05/16 09:39 KST