China's imports contracted 7.9 per cent in April while exports rose at a slower pace of 5.8 per cent, official data showed, reinforcing signs of feeble domestic demand despite the lifting of Covid curbs.
China's economy is slow and it no longer satisfies the aspirations of upward mobility. The educated unemployment percentage is getting higher and higher and at the same time the economic rate is going down. Beijing's old economy seems to be reaching its limits: both Chinese and foreign manuf
"Some of these measures are disproportionate and simply unacceptable. We firmly reject using COVID measures for political purposes and will take corresponding measures in response to varying situations based on the principle of reciprocity," Chinese Foreign Ministry Spokesperson Mao Ning sai
China's recent exit from zero-Covid could lead to nearly 1 million deaths, according to CNN. After lifting covid curbs this month, the second-largest country braces for an unprecedented wave of infections from its major cities.
According to CNN, several workers across China have taken down some of the outward symbols of the nation's zero-Covid regulations, removing health code scanning signs from metro station walls and closing some gates after the Chinese government announced removing curbs.
This comes less than two weeks after largescale protests gripped the country against the zero covid policy. This announcement has brought relief to millions of people under various restrictions since the start of the pandemic.
According to a report by US-based entertainment outlet The Hollywood Reporter, a video went viral across the Chinese social media portal 'WeChat' where purported protesters from Shanghai are seen chanting, "I Wanna See a Movie!"
Several videos circulating on social media have shown a crowd chanting the slogan "Communist Party step down, Down with Xi Jinping" in unison over a deadly fire in Urumqi, the capital of China's Xinjiang region that has unleashed excessive public outrage.
This large-scale protest was apparently sparked by an apartment block fire in Urumqi, the capital of the Xinjiang province, which killed at least 10 people on Thursday and has acted as a catalyst for searing public anger.
Beijing [China], October 11 (ANI): Ahead of the 20th Communist Party Congress, authorities across China are doubling down on "Zero-COVID" efforts, imposing measures including pre-emptive lockdowns and blanket bans to stop coronavirus flare-ups.