IMF Managing Director Kristalina Georgieva urged a "recalibration" of China's tough "zero-Covid" strategy aimed at isolating every case "exactly because of the impact it has on both people and on the economy." In China, protests erupted over the weekend in several mainland cities and Hong Kong in the biggest show of public dissent in decades. "We see the importance of moving away from massive lockdowns, being very targeted in restrictions," Georgieva said in Germany's capital Berlin. Lockdowns have slowed everything from travel to retail traffic to car sales in the world's second-largest economy. Georgieva urged it "to adjust the overall approach to how China assesses supply chain functioning with an eye on the spillover impact it has on the rest of the world."
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