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The Next Generation EU (NGEU) is a €750 billion economic recovery plan launched by the European Union in July 2020 in response to the economic challenges posed by the COVID-19 pandemic. [73] It aimed to mitigate the pandemic's immediate economic impacts and lay the groundwork for long-term recovery through investments in green energy, digital ...
This sparked widespread protests against lockdowns and COVID-19 policies across major Chinese cities, prompting the Chinese government to signal plans to ease restrictions. On 30 November, vice premier Sun Chunlan announced that pandemic controls are entering a "new stage and mission", adding that the Omicron variant is less virulent and that ...
On 18 May 2020, the Chinese government pledged US$2 billion to help other countries fight COVID-19 and to aid economic and social development "especially [in] developing countries". [ 178 ] China has also provided vaccines to other countries.
The Chinese economy was expected to recover quickly in 2023 and resume its role as the undisputed engine of global growth. Instead, it stalled to the point where it’s being called a “drag ...
The estimate for total economic activity, or GDP, in 2023 for the world's second largest economy was increased by about 2.7% to 129.4 trillion yuan ($17.7 trillion), based on an economic census ...
The spread of the JN.1 Omicron variant has led to a surge of COVID-19 cases in New Zealand, resulting in 400 hospitalisations per week and 25 deaths. [340] The JN.1 variant accounted for 14% of sequenced cases reported in New Zealand during the week leading up to 15 December.
New cases were 22.02% higher than those added in the previous week, and COVID-19 testing increased by 0.44%. Palm Beach reported 1,489 new resident cases, reaching a cumulative total of 461,440.
The COVID-19 pandemic in China is part of the worldwide pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). China was the first country to experience an outbreak of the disease, the first to impose drastic measures in response (including lockdowns and face mask mandates), and ...