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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 ...
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.
BEIJING (Reuters) -China's state media warned U.S. President-elect Donald Trump his pledge to slap additional tariffs on Chinese goods over fentanyl flows could drag the world's top two economies ...
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 ...
A trade war with the US, the Hong Kong protests, and an African swine fever outbreak that led to a pork shortage already placed pressure on the current government. [39] [40] At the end of December 2019, Henan announced the suspension of passenger trains to and from Wuhan. In early January 2020, the local government of Henan Province with its ...
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 ...
E-commerce contributed substantially to China's COVID-19 pandemic response by facilitating fast delivery of personal protective equipment, food, and daily use consumer goods during lockdowns. [ 111 ] By late 2020, public health experts estimated that the Wuhan lockdown prevented between 500,000 and 3 million infections and between 18,000 and ...