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Besides, the policy which penalized airlines for bringing in too many cases was also scrapped. The decision was taken citing the economic situation, which faced a blow due to China's zero-COVID policy. The authorities, however, stated that their war against the pandemic remains "unchanged".
China's top diplomat said on Tuesday he hoped the incoming Trump administration would "make the right choice" and work with Beijing, hours after Donald Trump told reporters the COVID-19 pandemic ...
Investor uncertainty due to the trade war caused turbulence in the stock market. [281] [282] [283] The Dow Jones Industrial Average fell 724 points, or 2.9%, after the tariffs were announced due to concerns over a trade war. [284] Corporations that traded with China, such as Caterpillar Inc. and Boeing, suffered large losses in their stock ...
China is relying on exports, particularly to major trading partners like the United States, as a key engine of growth as domestic demand slumps because of a number of economic problems.
Before the creation of the China task force, the US military conducted maneuvers in the South China sea using two aircraft carriers, the USS Nimitz and the USS Theodore Roosevelt. [6] In widely reported statements, Austin said that if China intends to build a military comparable to that of the United States by 2050, "I intend to make sure that ...
Neither the United States nor China would win a trade war, the Chinese Embassy in Washington said on Monday, after U.S. President-elect Donald Trump threatened to slap an additional 10% tariff on ...
A series of protests against COVID-19 lockdowns began in mainland China in November 2022. [6] [4] [7] [8] [9] Colloquially referred to as the White Paper Protests (Chinese: 白纸抗议; pinyin: Bái zhǐ kàngyì) or the A4 Revolution (Chinese: 白纸革命; pinyin: Bái zhǐ gémìng), [10] [11] the demonstrations started in response to measures taken by the Chinese government to prevent the ...
Here’s what that means for corporate America The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs ...