The policy switch was unavoidable and is good news for China and the world, but it could come at a cost if omicron sweeps through the elderly population in particular and the death toll swiftly mounts.
In China, the lives of 1.4 billion people have changed overnight.
Less than a fortnight after protests broke out across the country, China’s authoritarian leadership has shown surprising flexibility by responding to public calls for an end to three years of excessive restrictions.
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The Australian Financial Review’s succinct take on the principles at stake in major domestic and global stories – and what policy makers should do about them.