China and other countries in Asia like Vietnam have shown that there is a way of dealing with a pandemic even in the absence of a vaccine, allowing the economy to get back on track, according to a top IMF official. The playbook here is the one that includes local restrictions, rapid testing, rapid tracing and seeing these measures through until the end, until localised outbreaks subside, said Hlge Berger, Mission Chief for China and Assistant Director, Asia and Pacific Department of the International Monetary Fund (IMF).
I think China, but not only China, but other countries in Asia, look, for example, at Vietnam, have shown that there’s a way of dealing with a pandemic even in the absence of a vaccine, that will allow the economy to get back, at least close to normal operating capacity by learning how to deal with local outbreaks, Berger told reporters during a conference call. That’s an important takeaway in a narrow sense from the experience of China that is particularly…