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On a quarterly basis, GDP stalled, coming in at 0.0% in the fourth quarter, compared with growth of 3.9% in July-September. For 2022, GDP expanded 3.0%, badly missing the official target of "around 5.5%" and braking sharply from 8.4% growth in 2021. Other indicators for December such as retail sales and factory output, also released along with GDP data, beat expectations but were still weak. At an agenda-setting meeting in December, top leaders pledged to focus on stabilising the economy in 2023 and step up policy support to ensure key targets are hit. China is likely to aim for economic growth of at least 5% in 2023 to keep a lid on unemployment, policy sources said.

☆ Chinese hospital says half of its staff got Covid
▼ + stars: | 2023-01-12 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

Locals line up for medical treatment at the Beijing Hospital of Traditional Chinese Medicine on June 1, 2022. CFOTO | Future Publishing | Getty ImagesBEIJING — About half of the nearly 2,000 workers at the Beijing Hospital of Traditional Chinese Medicine got Covid-19 during the latest wave, director Liu Qingquan said Wednesday. Liu told reporters the workers all recovered by taking traditional Chinese medicine. China has encouraged the use of traditional Chinese medicine alongside Western treatment for Covid. Rather than pharmaceutical drugs, traditional Chinese medicine relies on herb-based remedies and natural methods to help the body heal itself.

The holiday, known before the pandemic as the world's largest annual migration of people, comes amid an escalating diplomatic spat over COVID curbs that saw Beijing introduce transit curbs for South Korean and Japanese nationals on Wednesday. The virus is spreading unchecked in China after Beijing abruptly began dismantling its previously tight curbs in early December following historic protests. Among them, South Korea and Japan have also limited flights and require tests on arrival, with passengers showing up as positive being sent to quarantine. COUNTING DEATHSSome of the governments that announced curbs on travellers from China cited concerns over Beijing's data transparency. Annual spending by Chinese tourists abroad reached $250 billion before the pandemic, with South Korea and Japan among the top shopping destinations.

☆ COVID wave past its peak in many parts of China - state media
▼ + stars: | 2023-01-10 | by ( Bernard Orr | ) www.reuters.com time to read: +4 min

BEIJING, Jan 10 (Reuters) - Many parts of China are already past their peak of COVID-19 infections, state media reported on Tuesday, with officials further downplaying the severity of the outbreak despite international concerns about its scale and impact. One official was quoted as saying nearly 90 million people had already been infected in Henan province. On Tuesday, a Health Times compilation of reports from local government officials and health experts across the country, suggested the COVID wave may be past its peak in many regions. Yin Yong, acting mayor of Beijing, was cited as saying the capital was also past its peak. Separately in the state-run China Daily, a prominent health official said the percentage of severe cases remained unclear.

☆ Highly immune evasive omicron XBB.1.5 variant is quickly becoming dominant in U.S. as it doubles weekly
▼ + stars: | 2022-12-30 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

The Covid omicron XBB.1.5 variant is rapidly becoming dominant in the U.S. because it is highly immune evasive and appears more effective at binding to cells than related subvariants, scientists say. It has since evolved into a family of subvariants including XBB.1 and XBB.1.5. The XBB subvariants are also resistant to Evusheld, an antibody cocktail that many people with weak immune systems rely on for protection against Covid infection because they don't mount a strong response to the vaccines. The scientists described the resistance of the XBB subvariants to antibodies from vaccination and infection as "alarming." The XBB subvariants were even more effective at dodging protection from the omicron boosters than the BQ subvariants, which are also highly immune evasive, the scientists found.

☆ China is likely seeing over a million COVID cases and 5,000 deaths a day, report says. But Beijing's official data is showing 7 deaths so far this week.
▼ + stars: | 2022-12-23 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

China is likely seeing over 1 million infections and 5,000 deaths a day from COVID-19, per Airfinity data. Beijing has also changed the way it records COVID-19 deaths, which may cause the low official count. The staggering estimates were released just as China's seeing a surge in COVID-19 cases, after the country loosened pandemic restrictions following nearly three years of strict containment measures. China reported 3,696 new local COVID-19 cases and zero deaths on Thursday, according to the National Health Commission. Airfinity predicts two upcoming COVID-19 peaks in China with cases reaching 3.7 million a day in mid-January and 4.2 million a day in early March 2023.

☆ China limits how it defines Covid deaths in official count
▼ + stars: | 2022-12-22 | by ( ) www.cnbc.com time to read: +4 min

Deaths that occur in patients with pre-existing illnesses are not counted as Covid-19 deaths, said Wang Guiqiang, the head of infectious disease at Peking University's No. The clarification of how China officially records Covid-19 deaths comes as cases have soared across the country amid the loosening of restrictions. "So limiting a diagnosis of death from Covid to someone with a Covid positive test and respiratory failure will very much underestimate the true death toll associated with Covid." That narrower criteria means that China's Covid-19 death toll will always be significantly lower than those of many other nations. The World Health Organization states in guidelines that "probable" Covid-19 cases and deaths where Covid-19 was a contributing factor should also be counted as Covid-19 deaths.

The methods for counting COVID deaths have varied across countries in the nearly three years since the pandemic began. CAN CHINA'S COVID DATA BE TRUSTED? With one of the lowest COVID death tolls in the world, China has been routinely accused of downplaying infections and deaths for political reasons. Globally, the study estimated 18.2 million excess deaths in 2021-2022, compared with reported COVID deaths of 5.94 million. China actually cut its accumulated death toll by one on Dec. 20, bringing the total to 5,241.

☆ Beijing braces for surge in severe COVID cases as world watches with concern
▼ + stars: | 2022-12-21 | by ( Bernard Orr | ) www.reuters.com time to read: +5 min

[1/4] People wearing face masks commute in a subway station during morning rush hour, following the coronavirus disease ( COVID-19) outbreak, in Beijing, China January 20, 2021. China, which uses a narrow definition of what can be classified as COVID fatalities, reported no new COVID deaths for Dec. 20, compared with five the previous day. Severe cases rose by 53 across China on Tuesday, versus an increase of 23 the previous day. China does not provide absolute figures of severe cases. Blood clots, heart problems and sepsis - an extreme body response to infection - have caused countless deaths among COVID patients around the world.

☆ Analysis: As economy stutters, China's youth seek safety of civil service
▼ + stars: | 2022-12-01 | by ( Eduardo Baptista | ) www.reuters.com time to read: +6 min

The wishes of Lau's parents that she had a "safe" civil service career suddenly made more sense. Alicia Garcia-Herrero, chief economist for Asia Pacific at Natixis, says the preference for civil servant jobs has surged. On social media, young Chinese refer to the civil service as "the end of the universe," meaning the safest place around in such an environment. "Being a civil servant gives you a lot of stability," she said. “The present state of the job market has definitely increased my desire to become a civil servant," she said.

In Beijing, hundreds of mostly young people demonstrated in the commercial heart of the city well into the small hours of Monday. Freedom of expression, freedom of the press, freedom of arts, freedom of movement, personal freedoms. A security guard tries to cover a protest slogan against zero-Covid on the campus of Peking University in Beijing. “Open your eyes and look at the world, dynamic zero-Covid is a lie,” the protest slogan at Peking University read. At Tsinghua University, another elite university in Beijing, hundreds of students gathered on a square to protest against zero-Covid and censorship.

Summary China may miss typical November-December export surgeExports unexpectedly dropped in October as global demand ebbedFall in exports broad-based, from toys to appliancesBEIJING, Nov 10 (Reuters) - China's usual year-end export surge is in doubt as weak global demand dims a rare bright spot for the world's second-biggest economy, already hurt by COVID-19 lockdowns, a frozen property sector and ebbing domestic consumption. Analysts expect global recession risks and China's disruptive COVID curbs will further drag on exports in coming months, dashing hopes for an economic rebound this quarter. Qi was not sure of the scale of orders that overseas customers would place in December. A closely watched private-sector survey focussing on small manufacturers shows export orders contracting since August. Buyers usually book orders for Christmas and Black Friday around August, but weak demand already sapped any lift this period.

Xi Jinping consolidated his power in China with a reshuffle of the politburo standing committee. He also used the event to unveil the new members of the politburo standing committee. He is a new entry to the standing committee, and at 60, is its youngest member. He is another new member of the politburo standing committee and will help lead the central commission for discipline inspection. He previously worked as the party leader in Yan'an, which once served as the headquarters of the party before it took control of the whole country.

HONG KONG — Chinese leader Xi Jinping’s first two terms in power were marked by intensifying competition and tensions with the United States. The United States does not seek conflict with China, Biden told a meeting of his top military advisers Wednesday. “China stands ready to work with the United States to find the right way to get along with each other in the new era,” he said. But China under Xi has a “superficial stability,” Johnson said. Hulton Deutsch / Corbis via Getty ImagesAt 69, Xi has appointed no obvious successor, indicating he may plan to stay in power indefinitely.

☆ Omicron subvariants pose a new threat to people with immune deficiencies
▼ + stars: | 2022-10-23 | by ( Benjamin Ryan | ) www.nbcnews.com time to read: +7 min

Troubling recent reports reveal the emergence of new omicron subvariants that not only evade AstraZeneca’s Evusheld, the antibody drug authorized to prevent Covid infection, but also the sole antibody drug that has retained effectiveness as treatment for Covid, Eli Lilly’s bebtelovimab. Doctors have cautioned that should Laura get Covid, this could aggravate her autoimmune disease and lead to catastrophic kidney damage. Evusheld is a long-acting antibody injection given every six months that studies have suggested provides a robust buffer to the immunosuppressed. For now, immunocompromised people are anxiously watching the pandemic forecast to see if the subvariants that research indicates evade monoclonal antibodies will become predominant. “If fewer people are prescribed Evusheld,” she said, “there’s less incentive for drug companies to start developing newer therapeutics.

☆ Dr. Fauci: These 2 new fast-spreading omicron Covid subvariants are ‘pretty troublesome'
▼ + stars: | 2022-10-17 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

As winter inches closer, Dr. Fauci is sounding the alarm about a pair of "pretty troublesome" Covid variants. There's no guarantee that the two strains will eventually overtake BA.5 as the dominant variant in the country. But if they do spread rapidly, they could threaten to reverse a nationwide decline in Covid cases, hospitalizations and deaths, leading Fauci to urge Americans against letting their guard down. Scientists from Peking University in China published a study earlier this month that found BQ.1.1's ability to evade antibodies was "far exceeding" that of BA.5. The CDC recommends masking indoors if you're in a county with a substantial or high-level spread of Covid.

☆ China ex-official Zhang makes first appearance since sexual assault claim
▼ + stars: | 2022-10-16 | by ( ) www.reuters.com time to read: +2 min

BEIJING, Oct 16 (Reuters) - Chinese former Vice Premier Zhang Gaoli made his first public appearance on Sunday since Chinese tennis star Peng Shuai accused him of sexual assault last year, attending the 20th Communist Party Congress. Her post led the Women's Tennis Association to suspend tournaments in China and caused an international outcry over her safety. Hu, 79, slightly unsteady but appearing healthy, followed immediately behind Xi onto the stage and sat next to Xi. Other retired leaders on the rostrum included other former members of the party's elite Standing Committee, which rules China, including Jia Qinglin and Zeng Qinghong. Register now for FREE unlimited access to Reuters.com RegisterReporting by Yew Lun Tian; Writing by Ben Blanchard and William MallardOur Standards: The Thomson Reuters Trust Principles.

☆ Omicron BA.5 is declining in the U.S. as emerging variants gain ground, CDC data shows
▼ + stars: | 2022-10-14 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

Omicron BA.5 has splintered into several new but related variants that include BQ.1, BQ.1.1 and BF.7. In the U.S., omicron BA.5 makes up about 68% of all new infections, down from about 80% at the beginning of October. But Jha said the new omicron boosters that the U.S. started rolling out last month should provide better protection than the first-generation vaccines against these emerging variants. The boosters target BA.5 and the emerging variants are all omicron and most descend from BA.5. Pfizer and BioNTech on Thursday published the first human data from their BA.5 shots.

Then came the pandemic and a property crisis, and with them, clear evidence of the limits of the debt-fuelled, investment-driven model that had propelled China's economy and businesses like Shores'. "If there is no investment, consumption will be like a tree without roots," said Jia, who previously led a finance ministry think tank. Many uncertainties hang over China's economy: the zero-COVID policy, a crackdown on tech and other industries, geopolitical tensions and rising borrowing costs in export markets. China is widely expected to miss this year's 5.5% GDP growth target and Natixis estimates growth may not even top 3% a year into Xi's next mandate. Oxford Economics expects average annual GDP growth this decade to halve from the 1999-2019 average to 4.5% and slow to 3% in the decade after.

☆ China's top leaders are set for a reshuffle. Here are the names to watch
▼ + stars: | 2022-10-10 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +8 min

China's top leadership team around President Xi Jinping is set to change this month at a twice-a-decade congress. One of the most closely watched changes in the political reshuffle is the future of Premier Li Keqiang, who turned 67 this year. However, he could remain a standing committee member, JPMorgan analysts said, pointing to a precedent at the 15th party congress. Huang Kunming — Politburo member and head of China's propaganda department, who worked closely with Xi in the provinces of Fujian and Zhejiang, the report said. Yang Jiechi, a 72-year-old Politburo member and director of the party's central committee foreign affairs office, is widely expected to retire.

☆ China lost its Yangtze River dolphin. Climate change is coming for other species next
▼ + stars: | 2022-09-17 | by ( Heather Chen | ) edition.cnn.com time to read: +7 min

China has been grappling with its worst heat wave on record and the Yangtze, the third longest river in the world, is drying up. Parts of the Yangtze River have dried up from the extreme heat. Experts have also noticed a drastic decline of many native freshwater species of fish, like the now extinct Chinese paddlefish and sturgeon. “The Yangtze is the longest river in China and (all of) Asia and has long been a cradle of civilization. “If there’s anything we can learn from the death of the Yangtze River dolphin, it’s that extinction is forever and we can’t afford to take it lightly.”

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