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The Impact of the Covid-19 Epidemic Policies on Healthcare Industry from a Comparison of China and the United States

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DOI: 10.25236/ssehr.2022.018

Author(s)

Ximing Qu, Yu Yao

Corresponding Author

Ximing Qu

Abstract

The introduction of Covid-19 significantly impacted the world healthcare industry and world economy. However, China and United States implemented completely different policies regarding Covid-19. China adhered to zero-infection policy, while United States considered Covid-19 as a normal flu. This paper investigate the impact on healthcare industry under different national policies regarding the Covid-19. We find that China's "zero tolerance" policy boost the healthcare industry in the short term in 2020 and continue to grow. U.S. policy have some negative impact on the healthcare industry in the short term but will return to normal and grow at a high rate in 2021.

Keywords

Covid-19, Healthcare, China and United States