Lots of people mention China. Why? Because they had thousands of lethal cases daily and now only few people got sick? Like they won against the virus? But all the past deaths already made a huge negative impact on their economy and a country overall. China is not the best example of a winner imho
The devil is in paying precious attention to detail, as always
If we look at it from an evolutionary point of view (which is probably shared by the Chinese authorities), thousands of those that have died (even millions) would only make the Chinese economy better in the long run. How come? Mostly for two key factors or reasons
First, if they didn't spend a lot of resources trying to save those people, the resources are effectively saved, all things considered. And then, if it is old and weak that are dying (which seems to be the case), it is actually good for the economy, and can be a big head start in the new, post-Covid world. America is likely going that route as well