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IMF warns of risks from China's slowing Covid-19 vaccination rates

About 375 million people over the age of 15 in China have yet to receive three doses of a vaccine, while the daily vaccination rate has fallen below 800,000 per day

Coronavirus, covid
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At the current pace, providing three doses of Covid vaccines to the population would take a “matter of years,” Helge Berger, head of the IMF’s China mission, said

Tom Hancock | Bloomberg
The International Monetary Fund called on China to accelerate its coronavirus vaccination program, warning the sharply slowing pace of new doses administered could undermine a recovery in consumer spending in the economy. 
 
At the current pace, providing three doses of Covid vaccines to the population would take a “matter of years,” Helge Berger, head of the IMF’s China mission, said in an interview. With spending growth yet to recover to pre-pandemic rates, partly because households are cautious about Covid infections, “an acceleration of the vaccination campaign would support confidence and ultimately consumption,” he said.

About 375 million people over the