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Trade Implications of Ending China’s Zero-Covid Policy

Sandro Steinbach & Xiting Zhuang

Asian Economics Letters2025https://doi.org/10.46557/001c.137226article
ABDC C
Weight
0.50

What the paper says

This paper examines the trade implications following the termination of the zero-Covid policy in China. Our event studies indicate a 9.1 percent decline in exports and an 11.5 percent reduc-tion in imports during the first quarter after the policy was revoked. While exports showed a recovery with a 13.2 percent increase in the second quarter, imports continued to be subdued at 7.5 percent. Furthermore, we observe significant heterogeneity in trade response across trading partners, products, and Chinese provinces. Regions that implemented stricter Covid policies experienced more pronounced trade contractions, whereas those that received greater economic support during the pandemic demonstrated a stronger recovery in trade. Our findings under-score the substantial economic disruptions instigated by the Covid pandemic and illustrate the resilience of international trade in the face of the cessation of the zero-Covid policy in China.

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https://doi.org/https://doi.org/10.46557/001c.137226

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@article{sandro2025,
  title        = {{Trade Implications of Ending China’s Zero-Covid Policy}},
  author       = {Sandro Steinbach & Xiting Zhuang},
  journal      = {Asian Economics Letters},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.46557/001c.137226},
}

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Trade Implications of Ending China’s Zero-Covid Policy

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.