COVID: Chinese eye border reopening with both fear and joy
01 January 2023 | 4:52 pm
Many people in China are excited about traveling abroad as COVID restrictions are eased and borders are set to reopen on January 8. Others remain cautious, with more countries imposing restrictions for Chinese visitors.
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Taiwan held drills at its main international airport in Taipei amid concerns over Chinese aggression towards the island. Taiwan's president said the exercises are necessary in order to protect critical infrastructure.
High costs, lower demand, fiercer competition — the German automotive industry is coming under pressure. The lucrative Chinese market, in particular, is proving difficult as Chinese consumers choose national brands.
Consumer prices within China dropped by 0.3% year-on-year in July while Beijing also reported its steepest plunge in exports since the pandemic.
Beijing has alleged that a Chinese man signed a contract with the United States spy agency and received training to conduct espionage activities.
The Netherlands has hit the technical definition of a recession, suffering two quarters of contraction in a row. At the same time, the Dutch job market remains strong.
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Tokyo has summoned the Chinese ambassador over hundreds of crank calls believed to originate from China. Japan has begun to release treated water from the Fukushima nuclear power plant, which Beijing says is not safe.
China's largest property developer, Country Garden, warned that it is on the brink of default as it reported a staggering loss of almost $7 billion for the first half of the year, deepening a real estate crisis that threatens to unravel the country's already fragile economy.
After a mass in Mongolia attended by some groups of Chinese Catholics, the pope told them to be "good Christians and good citizens."
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