China: Latest News

Someday Western societies may face a virus a lot deadlier than this one What did we learn from China’s Covid experiment?

SHANGHAI/BEIJING : A Shanghai hospital has told its staff to prepare for a "tragic battle" with COVID-19 as it expects half of the city's 25 million people will get infected by the end of next week, while the virus sweeps through China largely unchecked. After widespread protests against strict mitigation measures, China this month began dismantling its "zero-COVID" regime, which had taken a great financial and psychological toll on its 1.4 billion people.

In view of upcoming festivals and new year celebrations, states also need to focus on ensuring effective awareness on adherence to covid appropriate behaviour, Mandaviya said New Delhi: With covid-19 cases surging in China, health minister Mansukh Mandaviya on Thursday urged all members of Parliament to help spread community awareness about the pandemic and the need to remain alert. Delivering a suo-motu statement in Parliament on the present covid situation and steps taken by the government to check the pandemic, Mandaviya said, “In the last few days, we have seen an increasing trajectory of covid-19 cases across the world.

MUMBAI : Spooked by concerns of a possible resurgence in covid cases and ahead of the release of the latest Monetary Policy Committee meeting minutes, Indian stock indices tumbled by over a percent each, wiping off ₹4.4 trillion of investor wealth in the bargain. The Nifty fell 186.20 points to close at 18,199.10 while the Sensex tanked 635 points to end at 61,067.24 points after markets gauged the whole import of the Centre’s advisory to step up genome sequencing for identifying fresh covid strains spreading from China. The MPC minutes of its meeting on 5-7 December released after market closing showed the Reserve Bank of India governor voting against a pause in rate hikes on the ground of it being premature.

Central health authorities have asked states and union territories to gear up for genome sequencing of positive samples and track variants of the virus through the government’s covid network. NEW DELHI: India reported 131 fresh covid infections in the past 24 hours, pulling down the country’s active caseload to 3,408, according to data from the Union health ministry on Wednesday.

A significant surge in Covid-19 cases in China has sent shockwaves across the world. Even Indian authorities have sprung into action with the centre issuing advisory to states and Health Minister writing to Rahul Gandhi to stop his Bharat Jodo Yatra. Even though precautions are better than cure, should India press the panic button? Should we be prepared for a 2021 redux? Serum Institute of India Founder and CEO, Adar Poonawala who manufactured the widely used Covid vaccine Covishield assures, there is no need to panic.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

Amid global concern over covid situation in China and dire predictions by research groups that death toll in China could rise to millions, Adar Poonawalla, the CEO and founder of Serum Institute of India, said in a tweet that though news coming out of China is concerning, “we need not panic given our excellent vaccination coverage and track record. We must continue to trust and follow the guidelines set by the Government of India." Serum Institute of India, the maker of Covaxin covid vaccine, has helped India achieve a high degree of vaccination rate against Covid. India is recording about 1,200 new infections a week.

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Union health secretary Rajesh Bhushan directed all states/UTs to ensure that as far as possible samples of all positive cases are sent to the designated INSACOG laboratories on a daily basis. New Delhi: A spurt in covid cases in China and a clutch of other countries has prompted central health authorities to direct states and union territories to gear up for whole genome sequencing of positive samples and track variants of the virus through the government’s covid network.

COLOMBO (News 1st) – Sri Lanka's Cabinet of Ministers has granted approval to introduce three new-types of VISA for the Colombo Port City investors.The recommendation to introduce the new VISA types was made by the Colombo Port City Economic Commission.Sri Lanka will introduce an investor visa, service visa and a CPC visa.According to Cabinet Spokesperson & Minister Bandula Gunawardena the new types of visa will allow investors to make preparations for their investments.

(Reuters) – The executive board of the International Monetary Fund is not expected to formally approve Sri Lanka's $2.9 billion bailout before year-end, a key step required for the embattled country to receive funding, two sources familiar with the matter said.Seeking a way out of its worst economic crisis in decades, Sri Lanka reached an IMF staff-level agreement in June with the deal subject to approval and contingent on Sri Lanka authorities following through with previously agreed measures.Sri Lanka said in September it expected the board to approve the deal by year-end. Progress has been slow in recent months, and Sri Lanka's finance minister acknowledged last month the request might extend into January.Sri Lanka has to secure prior financing assurances from creditors, put its heavy debt burden on a sustainable path and increase public revenue before the global lender will disburse the funds.

NEW DELHI : New Delhi Easing covid-19 restrictions in China may lead to an increase in demand and prices of metals, but the uptick maybe limited, said industry experts. As the largest consumer of commodities, a pick-up in demand in China can help lift global metals demand and prices amid recessionary concerns in developed economies such as the US and Europe. Rising demand and prices in China will also be key to prevent cheap imports to India and help improve domestic steel prices.

Colombo (News 1st) – Sri Lanka’s human rights campaigner Sandya Ekneligoda is among just 25 women activists worldwide who have been named to the prestigious ‘BBC 100 Women 2022’.Mrs. Ekneligoda has relentlessly campaigned for human rights in Sri Lanka since her husband, journalist Pradeep Ekneligoda who was himself an activist, disappeared in 2010.

de facto police sieges of residential complexes and the rounding up of even those who merely came into contact with covid-positive people to send them off to institutional quarantines. In response to widespread protests since late November against these excesses of a surveillance state, the government allowed major cities such as Beijing, Shanghai and Guangzhou to relax rules significantly, with even home quarantine allowed and access to malls and other places eased.

The danger is a repeat of the economic, financial and political swings that created a boom-bust cycle in the rest of the world Thursday marks two years since the Covid-19 vaccination drive began, yet both the U.S. and the world economy continue to be dominated by issues created by the pandemic.

HONG KONG : China dropped many of its quarantine and testing requirements and curtailed the power of local officials to shut down entire city blocks, as the country’s leaders accelerate plans to dismantle zero-Covid controls in the wake of nationwide protests. Though widely predicted, Beijing’s retreat from its costly and increasingly unpopular pandemic regime has been faster than expected.

COLOMBO (News 1st) – Essential medicines and medical supplies valued at over Rs. 2 Billion donated by China to the Sri Lankan people reached Colombo on Tuesday (6).The shipment comes in 24 containers (16,000 boxes) with a total weight of over 255 metric tonnes.China has donated Rs.

COLOMBO (News 1st) – Sri Lanka Railways says it will implement a new program where people can purchase train tickets more comfortably without having to wait in queues.This program is being implemented by a Chinese company, and the General Manager of Sri Lanka Railways W.A.B.S.E Gunasinghe said that people can buy train tickets under the new program through three main methods once it is implemented.Railway General Manager further said that train tickets will be issued online, with self-service ticket machines and prepaid cards.In addition, he said this program is scheduled to start in March 2023.

COLOMBO (News 1st) – President Ranil Wickremesinghe told a gathering on Monday (5) that China has requested Sri Lanka to engage in talks with the Exim Bank, and these discussions are underway.He said that the country has already started discussions with bilateral creditors including India, which have proven to be successful."The talks with China started later because they had to start after the party conference. They wanted it.

Foxconn Technology Group‘s November revenue dropped 11% from a year earlier after shipments from Zhengzhou, China, the world’s biggest iPhone assembly site, were affected by a Covid-19 outbreak, the company said Monday.

COLOMBO (News 1st) – The Ceylon Petroleum Corporation on Monday (5) announced that the price of a liter of Auto Diesel will be reduced by Rs. 10/-.Accordingly, the new price of a Liter of Auto Diesel will be Rs.

The World Health organization (WHO) estimated that 9% of the world population now had some resistance to Covid-19, but warned that a troubling new variant could still emerge. "WHO estimates that at least 90 percent of the world's population now has some level of immunity to SARS-CoV-2, due to prior infection or vaccination," said Tedros, referring to the virus that causes Covid-19 disease. WHO director-general Tedros Adhanom Ghebreyesus said gaps in vigilance were leaving the door open for a new virus variant to appear and overtake the globally dominant Omicron.

(Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that she will travel to Beijing next week with heads of other international institutions to press for quicker action on debt relief for poor and developing countries.The meetings with the country's leadership will focus on China's economic, COVID-19 and debt relief policies and will include officials from China Development Bank and the Export-Import Bank of China, the IMF said."This is the first time, hopefully, we will be able to sit together and discuss the very pressing issues that China, and the world are faced with," Georgieva told the Reuters NEXT conference.Georgieva said that during the Beijing meetings she intends to discuss ways to accelerate China's participation in debt relief for poor and developing countries as the world's largest official bilateral creditor."I am very hopeful that when we have a chance next week to discuss these issues, we will continue on a path of finding better solutions and strengthening the capacity of the common framework to deliver," she said, referring to G20 countries' slow-to-launch common debt restructuring framework.World Bank President David Malpass told the conference that he would join the discussions in Beijing, along with officials from the World Trade Organization, Organization for Economic Cooperation and Development and others.Georgieva and Malpass have both called for reforms of the common framework to offer heavily indebted countries a freeze in debt service payments when they apply for debt relief and clearer timelines for reaching agreement on debt treatments.Asked if China's slowing growth would limit its appetite for agreeing to debt reductions, Georgieva said she hoped

BEIJING : Chinese police have begun leveraging the powers of the country’s surveillance state to go after demonstrators who participated in rare public displays of defiance over the government’s stringent Covid control policies.

COLOMBO (News 1st) – The 10.6 million liters of diesel donation by China will be provided free of charge, said the Chinese Embassy in Sri Lanka.Fuel will be given free to  232,749 farmers for harvesting 342,266 hectares paddy fields across Sri Lanka in Maha season 2022/23 (20L/hectare)In addition, the 3,796 fishing vessels below 40 feet in Sri Lanka (1,000L/vessel) will also be given free diesel courtesy from China.

(Reuters) – Taiwan President Tsai Ing-wen resigned as head of the ruling Democratic Progressive Party (DPP) on Saturday after her strategy to frame local elections as showing defiance to China's rising bellicosity failed to pay off and win public support.The elections for mayors, county chiefs and local councillors are ostensibly about domestic issues such as the COVID-19 pandemic and crime, and those elected will not have a direct say on China policy.But Tsai had recast the election as being more than a local vote, saying the world is watching how Taiwan defends its democracy amid military tensions with China, which claims the island as its territory.The main opposition party the Kuomintang, or KMT, was leading or claimed victory in 13 of the 21 city mayor and county chief seats up for grabs, including the capital Taipei, compared to the DPP's five, broadly in line with expectations and similar to the results of the last local elections in 2018."The results failed our expectations. We humbly accept the results and accept the Taiwanese people's decision," Tsai told reporters at party headquarters as she quit as party head, which she also did after 2018's poor results."It's not like the DPP has never failed before," Tsai, who will continue serving as president until 2024, added.

Demonstrations have erupted in Beijing, Shanghai and other major cities Protests are erupting in major cities in China over President Xi Jinping‘s zero-tolerance approach to Covid-19, an unusual show of defiance in the country as the economic and social costs from snap lockdowns and other strict restrictions escalate.

COLOMBO (News 1st) – The Government of China has donated 10.6 Million liters of Diesel to Sri Lanka for farmers and fisheries in Sri Lanka.The "Super Eastern" vessel carrying diesel is scheduled to arrive in the country form Singapore to the Port of Colombo tomorrow (26).The embassy earlier tweeted that China will donate 10.6 million liters of diesel to farmers and fishermen in remote areas of Sri Lanka, to upgrade livelihood in the most affected sectors of agriculture & fishery. The shipments are scheduled between November and December, and will be distributed to the needed asap.

The Global Times report. He stressed that the variant has resulted in cluster infections in nursing homes, construction sites and schools as the cases of COVID-19 were particularly reported in Chaoyang, Changping, Haidian, Fengtai and Tongzhou. Dr Tedros Adhanom Ghebreyesu of the WHO cited the same as the primary reason for the same.  "The virus is evolving, changing its behaviour," said Dr Tedros Adhanom Ghebreyesu.

COLOMBO (News 1st) – Human Rights Watch quoting economists says that the economic situation in Sri Lanka could deteriorate rapidly without action by foreign creditors, placing the basic needs of millions of people in further jeopardy.To stabilize the economy, international creditors should agree to restructure Sri Lanka’s debt so the country can secure final approval for an International Monetary Fund (IMF) loan and financing from other global agencies, it added.In April, Sri Lanka defaulted on over US$50 billion in debts to international creditors. In September, it reached a staff-level agreement with the IMF for a four-year, $2.9 billion bailout.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

COLOMBO (News 1st) – The Sri Lankan Government’s intention was to resume the negotiations on free trade agreements said Secretary to the President Saman Ekanayake.It is the vision of the President that Sri Lanka will integrate with the global value chains and with the largest economies in South Asia and East Asia and then expand to the east region linking to the Regional Comprehensive Economic Partnership (RCEP).Further, the Secretary to the President invited private sector stakeholders to creatively engage in this development initiative as they are the ultimate beneficiaries.He made these observations during an awareness session on the resumption of negotiations of free trade agreements held for Trade Chambers and Industry Advisory Committees at the Finance Ministry on November (16).Secretary to the Treasury, Secretaries of the Ministries of Foreign Affairs, Trade and Industries, and the members of the National Trade Negotiation Committee also participated.The contours of Global trade have been significantly changed in recent years by bringing regional and global production networks as driving factors of international trade where Sri Lanka has not yet been engaged to tap the potential.

As fresh restrictions are imposed in parts of China against the new outbreaks of the Covid-19 virus, the country has reported its first death in nearly half a year. China saw the death of an 87-year-old man from Beijing, bringing the death count to 5,227. His death was first reported by the National Health Commission.

(Reuters) – Sri Lanka has postponed a round of debt restructuring talks initially expected to be held on Thursday to allow central bank and treasury officials to provide clarifications sought by the country's creditors, its state minister of finance said.The island nation formally kicked off the talks in September after securing a preliminary $2.9 billion bailout with the International Monetary Fund, a step on a path out of the country's worst financial crisis in a decade.But it needs to secure financing assurances from key creditors including China, Japan and India before the funds can be disbursed."There are different concerns that different creditors want cleared so it was decided that these clarifications would be communicated first and then new dates would be set for another round of talks," state minister Shehan Semasinghe Semasinghe told Reuters on Thursday."The dates are yet to be decided."Semasinghe did not provide details on the creditors' concerns or what exactly was being discussed between them and Sri Lanka's central bank and treasury officials.Sri Lanka had earlier set a target of getting board level IMF approval in December for the planned four-year programme."We are focusing on financing assurances. As of now no bilateral creditor has informed us that they are not going to support us," Semasinghe added."We have a target and we are pushing hard to meet it in December."Sri Lankan officials have also had talks with representatives from China EXIM Bank and China Development Bank which together hold about $4.3 billion in loans given to fund large infrastructure projects over the last 20 years.

COLOMBO (News 1st) – Sri Lanka, India and several other countries abstained from voting on a draft resolution approved by the UN General Assembly that recognised that Russia must be responsible for making reparations to Ukraine.The draft resolution, ‘Furtherance of remedy and reparation for aggression against Ukraine’, introduced by Ukraine, was adopted on Monday (14) in the 193-member UN General Assembly by a recorded vote of 94 in favour, 14 against and 73 abstentions, including by India, Bangladesh, Bhutan, Brazil, Egypt, Indonesia, Israel, Nepal, Pakistan, South Africa and Sri Lanka.Those voting against the resolution were Belarus, China, Cuba, North Korea, Iran, Russia and Syria.General Assembly resolutions are non-binding, but they carry political weight.The resolution, co-sponsored by nearly 50 nations, recognised that Russia “must be held to account for any violations of international law in or against Ukraine, including its aggression in violation of the Charter of the United Nations, as well as any violations of international humanitarian law and international human rights law, and that it must bear the legal consequences of all of its internationally wrongful acts, including making reparation for the injury, including any damage, caused by such acts.” In March, 141 members of the General Assembly voted to denounce Russia’s invasion, and 143 in October voted to condemn Moscow’s attempted annexation of parts of Ukraine. India had also abstained on those two votes.

COLOMBO (News 1st) – The Head of the Chinese People's Association for Friendship with Foreign Countries has assured that China will support Sri Lanka to develop, as a friend and partner.Lin Songtian, the President of the Chinese People's Association for Friendship with Foreign Countries said that China is proud of the fact that Sri Lanka has an ancient civilization."We always unite as one. We always think as one," he said adding that his visit to Sri Lanka is to foster new parterships with the island nation."I visited the Loturs Tower, and toured the Colombo Port City, and it is inspiring as it is the hope this country, and it is also giving hope for us," said Lin Songtian on Tuesday (15).The senior diplomat said that he was requested by Chinese Foreign Minister Wang Yi to visit Sri Lanka to inquire into the progresss made with regard to the Belt and Road Initiative (BRI).

COLOMBO (News 1st) – The additional secretary has appointed two officers to coordinate and supervise the work of providing fuel for farming, says the Ministry of Agriculture.The Ministry said Ceylon Petroleum Corporation (CPC) has appointed an officer to supervise these activities.If there is an issue related to fuel during or after harvesting in a certain area, farmers can meet the district secretaries and request a solution.

A look at G20 summit protocols and some of the divergent approaches to COVID-19 among G20 nations. NUSA DUA, Indonesia: Nearly three years into the COVID-19 pandemic, leaders of G20 countries are gathering on the Indonesian resort island of Bali with strict testing and masking requirements, even though such measures have been largely dropped in some member countries. It is Chinese President Xi Jinping's first G20 summit - and only his second trip abroad - since the start of the pandemic as his country continues its zero-COVID policy of lockdowns and quarantine that are among the world's strictest.

Cambodian Prime Minister Hun Sen said Tuesday he has tested positive for COVID-19 at the Group of 20 meetings in Bali, just days after hosting many world leaders, including President Joe Biden, for a summit in Phnom Penh. In a posting on his Facebook page, the Cambodian leader said that he had tested positive Monday night and that the test had been confirmed by an Indonesian physician on Tuesday morning. He said he was returning to Cambodia and was canceling his meetings at the G-20 as well as the following APEC economic forum in Bangkok.

COLOMBO (News 1st) – Sri Lankan President Ranil Wickremesinghe has made it clear that his country will not be a part of any big power rivalry, especially in the Indian Ocean region."The total competition in the world has gone from US and Russia to US and China," said the President adding that whatever happens in Russia is a sideshow."Whether the US is in the Indian ocean we have no objections. We have no objections to the Japanese or the Chinese being there, as long as there is no rivalry. We are the literal states, and we have to look after our interests.

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COLOMBO (News 1st) – Several civil organizations visited the Chinese Embassy in Colombo to request China to support Sri Lanka's debt restructuring efforts.However, the Chinese Embassy in Colombo reportedly refused to accept the letter from the civil organizations.The Liberal Democratic Youth Collective, The Sarvapakshika Aragalakaruwo (A movement formed after the people's struggle) and several other groups visited the Chinese Embassy in Colombo to request China to support Sri Lanka's debt restructuring efforts.Sri Lanka Police did not allow the activists to approach the Embassy and hand over the letter.

COLOMBO (News 1st) – Sri Lankan President Ranil Wickremesinghe President told the Parliament on Thursday (10) that the IMF had requested not to release the agreement reached between Sri Lanka and the International Monetary Fund until the current round of negotiations are complete.The President said that previously when the country approached the IMF, talks were only with the International Monetary Fund, however, this time around discussions need to take place with other countries as well."Japan is speaking India and China because they are not members of the Paris Club. Amendments may take place," the President told the house"IMF says don't release it till we finish this round of negotiations. I won't put anyone in to trouble.

COLOMBO (News 1st) – Former Minister of Public Security, Rear Admiral (Retd.) Sarath Weerasekara on Wednesday (9) criticized the decisions taken by the Gotabaya Rajapaksa government.Weerasekera was a minister under then-President Gotabaya Rajapaksa, and he told Parliament that despite explaining to the former President the need to involve the people to overcome the economic crisis, those pleas fell on deaf ears."I questioned the cabinet if our foreign policy was neutral, why can't we purchase oil from Russia? I was told that it cannot be done cause of American pressure," said the MP from the Sri Lanka Podujana Peramuna.He said a failed foreign policy angered China, Russia, and even Japan and Gotabaya Rajapaksa had to flee the country because he did not implement Sri Lanka's foreign policy properly."He did not accept the advice on the economy. He worked against all economic principles.

COLOMBO (News 1st) – In an unusual rescue operation in the South China Sea on Monday (7) , a migrant vessel attempting to make a transpacific voyage was rescued off the coast of Vietnam.More details about this dramatic rescue have surfaced following revelations made by the Vietnamese media.Migrant vessels are frequently rescued off Cuba, Haiti, Libya and Turkey, but these are generally small, improvised craft on regional journeys. The Myanmar-flagged trawler Lady R3, saved by a good samaritan ship off the coast of Vietnam yesterday, was none of these things. This substantial steel-hulled fishing vessel was attempting to make it all the way from Myanmar to Canada – another 6,000 nm away on a Great Circle route  – in order to deliver more than 300 Sri Lankan nationals to a new country. Vietnamese authorities in the southern province of Ba Ria-Vung Tau, in coordination with representatives from the Sri Lankan Consulate General in Ho Chi Minh City, have welcomed more than 300 Sri Lankans who were saved by a Japanese freighter, after their boat faced a serious incident in the waters off the Vietnamese town.No injuries were reported, and Helios Leader transited to Vung Tau's sea buoy in order to meet up with the Vietnamese Coast Guard and transfer the survivors.At 8:30 p.m.

COLOMBO (News 1st) – The Ceylon Petroleum Corporation is continuing to make losses, revealed the coutry's State Minister of Power and Energy in Parliament on Wednesday (9).     Minister of State for Power and Energy D.

Police in northeastern China said that seven people have been arrested following a clash between residents and authorities enforcing COVID-19 quarantine restrictions. The violence comes as China reports new cases nationwide, with 2,230 cases reported Tuesday in the southern manufacturing and technology hub of Guangzhou.