ContributorsPublishersAdvertisers

#Chinese

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. China, where the virus first was detected in late 2019 in the central city of Wuhan, is the last major country trying to stop transmission completely through quarantines, lockdowns and mass testing. Concerns over vaccination rates are believed to figure prominently in the ruling Communist Party’s determination to stick to its hardline strategy. While nine in 10 Chinese have been vaccinated, only 66% of people over 80 have gotten one shot, while 40% have received a booster, according to the commission. It said 86% of people over 60 are vaccinated.
Picture for China reports 2 new COVID deaths as some restrictions eased
Seekingalpha.com

NIO: Ridiculous Market Reaction

NIO announced record monthly deliveries for November. However, XPeng submitted a muted forecast for Q4’22 deliveries. Shares of electric vehicle manufacturers surged last week despite Chinese EV firm XPeng (XPEV) issuing a light delivery forecast for the fourth-quarter. Chinese electric vehicle start-ups also released their monthly updates for deliveries which saw recovering growth, especially for NIO (NYSE:NIO) and Li Auto (LI). Although NIO’s delivery card for November was good, I believe the sector is headed for more trouble in the short term, largely because the Chinese economy is weakening rapidly!
International Business Times

Chinese Cities Announce Further Easing Of COVID Curbs

More Chinese cities including Urumqi in the far west announced easing of coronavirus curbs on Sunday, as China tries to make its zero-COVID policy more targeted and less onerous after extraordinary protests against restrictions last weekend. Urumqi, the capital of the Xinjiang region and where the protests first broke out,...
Washington Post

A more pragmatic Xi Jinping launches a global charm offensive for China

In Indonesia, Chinese President Xi Jinping clasped President Biden’s hand and smiled warmly. He reminisced with Australian Prime Minister Anthony Albanese about a visit to Canberra. In Thailand, he told Prime Minister Prayuth Chan-ocha that the two should visit each other “as often as relatives” and assured Taiwanese envoy Morris Chang that he “looked good” after a hip operation.
planetcirculate.com

In Shanghai, bold calls for change preceded crackdown on protest

SHANGHAI — The mourners in Shanghai lit candles and placed flowers. Someone scrawled “Urumqi, 11.24, Rest in Peace” in red on cardboard — referring to the deadly apartment fire in China’s western city of Urumqi that sparked anger over perceptions that the country’s strict COVID-19 measures played a role in the disaster.
planetcirculate.com

After fanning COVID fears, China must now try to allay them

For nearly three years, the Chinese government deployed its considerable propaganda apparatus to fan fears about COVID to justify large-scale quarantines, frequent mass testing and the tracking of more than 1 billion people. As authorities now shift their approach to the pandemic, they face the task of downplaying those fears.
YOU MAY ALSO LIKE