China

China trade shrinks amid virus pressure, interest rate hikes

BEIJING (AP) — China’s imports and exports shrank in November under pressure from weakening global demand and anti-virus controls at home.

Exports sank 9% from a year ago to $296.1 billion, worsening from October’s 0.9% decline, customs data showed Wednesday. Imports fell 10.9% to $226.2 billion, down from the previous month’s 0.7% retreat in a sign of a deepening Chinese economic slowdown.

The country’s global trade surplus narrowed by 2.5% from a year earlier to $69.9 billion.

China: Beijing drops COVID testing burden as wider easing beckons

BEIJING, Dec 6 (Reuters) - Residents of China's capital were allowed into parks, supermarkets, offices and airports without a negative COVID-19 test on Tuesday, the latest in a mix of easing steps nationwide after unprecedented protests against a tough zero-COVID policy.

"Beijing readies itself for life again," read a headline in the government-owned China Daily newspaper, adding that people were "gradually embracing" newfound freedoms.

China blasts US report, reiterates ‘no 1st use’ nuke policy

BEIJING (AP) — China strictly adheres to its policy of no first use of nuclear weapons “at any time and under any circumstances,” its Defense Ministry said Tuesday in a scathing response to a U.S. report alleging a major buildup in Beijing’s nuclear capabilities.

The Pentagon last week released an annual China security report that warned Beijing would likely have 1,500 nuclear warheads by 2035, and that it has provided no clarity on how it plans to use them.

Late Chinese leader Jiang hailed in memorial service

BEIJING (AP) — China’s leaders eulogized the late Jiang Zemin on Tuesday as a loyal Marxist-Leninist who oversaw their country’s rapid economic rise while maintaining rigid Communist Party control over society.

President and current party leader Xi Jinping praised Jiang in an hour-long address at Beijing’s Great Hall of the People as senior officials, military brass and rank-and-file soldiers stood at attention.

China set to ease COVID curbs further as markets cheer change of tack

HONG KONG/BEIJING, Dec 5 (Reuters) - China is set to announce a further easing of some of the world's toughest COVID curbs as early as Wednesday, sources said, as investors cheered the prospect of a policy shift that follows widespread protests and mounting economic damage.

Three years into the pandemic, China's zero-tolerance measures, from shut borders to frequent lockdowns, contrast sharply with the rest of the world, which has largely decided to live with the virus.

China eases controls, gives no sign when ‘zero COVID’ ends

BEIJING (AP) — China is easing some of the world’s most stringent anti-virus controls and authorities say new variants are weaker. But they have yet to say when they might end a “zero-COVID” strategy that confines millions of people to their homes and set off protests and demands for President Xi Jinping to resign.

3 Chinese astronauts return to Earth after 6-month mission

BEIJING (AP) — Three Chinese astronauts landed in a northern desert on Sunday after six months working to complete construction of the Tiangong station, a symbol of the country’s ambitious space program, state TV reported.

A capsule carrying commander Chen Dong and astronauts Liu Yang and Cai Xuzhe touched down at a landing site in the Gobi Desert in northern China at approximately 8:10 p.m. (1210 GMT), China Central Television reported.

China reports 2 new COVID deaths as some restrictions eased

HONG KONG (AP) — China on Sunday reported two additional deaths from COVID-19 as some cities move cautiously to ease anti-pandemic restrictions amid increasingly vocal public frustration over the measures.

The National Health Commission said one death was reported each in the provinces of Shandong and Sichuan. No information was given about the ages of the victims or whether they had been fully vaccinated.

Beijing, Shenzhen loosen more COVID curbs as China fine-tunes policy

SHANGHAI, Dec 3 (Reuters) - Beijing residents on Saturday cheered the removal of COVID-19 testing booths while Shenzhen said it would no longer require commuters to present test results to travel, as an easing of China's virus curbs gathered pace.

Although daily cases are near all-time highs, some cities are taking steps to loosen COVID testing requirements and quarantine rules as China looks to make its zero-COVID policy more targeted amid a sharp economic slowdown and public frustration that has boiled over into unrest.

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