Wall Street Journal: Guo Taiming wrote a letter more than a month ago to allow China to ease control of the epidemic | Anue tycoon – US stock radar

The Wall Street Journal reported on Thursday (8) that China-based Apple (AAPL-USA) Supplier Foxconn (2317-TW) founder Terry Gou, who has played a major role in helping persuade the Chinese leadership to ease restrictions over the outbreak. China’s stringent dynamic zero policy has led to an all-out outcry.

The Wall Street Journal wrote that in a letter to Chinese leaders more than a month ago, Foxconn founder Terry Gou said China’s dynamic zeroing policy threatened its position in the global supply chain. He also called for more transparency about how Foxconn workers are affected by the rules.

Foxconn’s iPhone factory in Henan Province experienced a lockdown earlier this fall, restricting the movement of people into specific areas where cases of the virus have emerged. Some workers tried to flee the factory on foot.

The Wall Street Journal, citing unnamed sources, said Gou’s letter helped Chinese health officials and government advisers advocate for a quicker easing of restrictions over the outbreak. And the protests that then spread across China gave further impetus to the accelerated opening.

Officials favoring a more relaxed approach say the emergence of the highly contagious omicron variant means lockdowns will become more common under China’s tougher policies and dissatisfaction with the rules is growing.

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