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This is all true, but China has a more effective government than the US. Having that much power and being able to wield it without political kickback means they will be able to do things (just as they did with this lockdown) that would be completely impossible in democratic countries.
If people think the messaging here is bad, have a look at the US. The people who actually understand the gravity of the situation are totally shitting themselves, knowing the government are just bumbling around and only worried about it in terms of self-preservation/re-election.
But China still has 1.4B people to either expose to the virus or vaccinate. What's for sure is their coping strategy is not sustainable in the long-term without dramatically altering their position on the global stage.
There are only 3 strategies for Earthlings:
Eliminate the virus out of extinction
Herd immunity*
Vaccination*
*May or may not work dependant on how the virus mutates.