Apos;It apos;s Dead Out Here apos;: China apos;s Slow Exit From Zero-COVID
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| - | After months of infighting among EU countries who disagree on whether to cap energy costs, the European Commission last week proposed a price cap that would kick in if the front-month Title Transfer Facility gas price exceeded 275 euros per megawatt-hour for two weeks and was 58 euros higher than a liquefied natural gas reference price for 10 days.<br><br>Heimgartner, who snared the first Supercars podium of his career with a third-place finish in the opening race of last month's Phillip Island taxi from athens to delphi event, will race a Subaru WRX in Kelly Racing's four-car TCR Australia line-up.<br><br>Amid the caution, state-broadcaster CCTV announced further easing, with tourism and taxi from Dion port to acropolis entertainment venues - including theatres, libraries, internet cafes and table game centres no longer requiring COVID tests and taxi prices Volos health codes.<br><br>BEIJING, Dec 9 (Reuters) - Judging by Friday's quiet streets in China's capital Beijing and the reluctance of some businesses to drop COVID curbs, enduring anxieties about the coronavirus are likely to hamper a speedy return to health for the world's second-largest economy.<br><br>The EU proposal came under fire from countries in favour of a gas price cap to reduce citizens' high energy bills - with Poland's energy minister calling the proposal "a joke" and analysts suggesting it was designed with such strict criteria that it would never be used.<br><br>Klodian Kastrati, a sociologist who works in Has, said: 'Emigration is an epidemic that affects all young people here contaminated by the idea of leaving for Britain in the hope of creating a better future'.<br><br>Speaking in his office where British and Albanian flags stand side by side, Has mayor Liman Morina told AFP that 80 per cent of his constituents 'survive thanks to the hard and honest work of their relatives in Britain'.<br><br>A Union Jack flies proudly next to a framed photo of the late Queen Elizabeth II, while an iconic red telephone box is perched on the corner of the Britain Resto Lounge as cars with UK licence plates zoom past.<br><br><br><br>EU gas prices have soared this year as Russia slashed gas deliveries to Europe following its invasion of Ukraine, although even a record-breaking price spike in August would not have triggered the EU's proposed cap.<br><br>But the town of Has in Albania's northeast, dubbed 'Little London', now serves as a homage to the country that has taken in so many of its citizens, despite plans [https://en.volos-minivan.eu/ATHENS-0000000012-taxi-service-in-greece.html taxi service in greece] Westminster to crack down on the influx of more than 12,000 migrants this year.<br><br>Since Albania opened its borders in the 1990s, residents have left en masse, desperate to escape hardship and isolation after weathering brutal oppression at the hands of the country's communist dictatorship.<br><br>But gas price caps have split the 27-country bloc.<br>While Italy, Spain, Belgium, Malta and Greece criticised the proposed cap for being too high or unlikely to ever kick in, countries including Germany and the Netherlands are sceptical of capping gas prices - warning that this could deter suppliers from sending much-needed gas to Europe.<br><br>BRUSSELS, Thessaloniki greece taxi prices Nov 30 (Reuters) - The European Union's energy chief on Wednesday defended the bloc's proposal to cap gas prices and said countries will negotiate possible changes to the proposal, minibus taxi Delphi after a backlash from EU member states.<br><br>On the Beijing subway, many seats were empty on Friday night during what should have been rush hour, even though the city this week scrapped the need to show negative tests to ride trains or taxi Dion airport to piraeus price enter offices.<br><br>Zhong Nanshan, a prominent Chinese epidemiologist, said that 99% of people now infected with the virus would recover in 7 to 10 days, in comments reported by the People's Daily, athens greece taxi prices controlled by the ruling Communist Party.<br><br>Little more than a month after the National Health Commission stressed commitment to its strict virus containment policy, saying it was "putting people and lives first", authorities have changed tack and are now telling people they have less to fear.<br><br>Although the government on Wednesday loosened key parts of its strict "zero-COVID" policy that has kept the pandemic largely at bay for the past three years, many people appear wary of being too quick to shake off the shackles.<br><br>Yet China has been anything but placid during the past few weeks, with protests against COVID curbs in many cities that marked the biggest show of public discontent since President Xi Jinping came to power a decade ago. | + | Beijing eased curbs in major policy shift on Wednesday<br> *<br> Change came after historic protests last month<br> *<br> HSBC CEO hails new rules as "meaningful progress"<br> *<br> Analysts say virus spike will hurt short-term growth<br> By Ryan Woo, Martin Quin Pollard and Josh Horwitz<br> BEIJING, Dec 9 (Reuters) - Judging by Friday's quiet streets in China's capital Beijing and the reluctance of some businesses to drop COVID curbs, enduring anxieties about the coronavirus are likely to hamper a speedy return to health for the world's second-largest economy.<br> Although the government on Wednesday loosened key parts of its strict "zero-COVID" policy that has kept the pandemic largely at bay for the past three years, many people appear wary of being too quick to shake off the shackles.<br> In the central city of Wuhan, where the new coronavirus erupted in late 2019, there were more signs of life with some areas busy with commuters on Friday.<br><br>But residents say a return to normal is a long way off.<br> "They've relaxed the measures but still there's nobody about," said a taxi driver surnamed Wang, who didn't want to give his full name.<br> "You see these roads, these streets ... they ought to be, busy, full of people. But there's no one. It's dead out here."<br> Yet China has been anything but placid during the past few weeks, with protests against COVID curbs in many cities that marked the biggest show of public discontent since President Xi Jinping came to power a decade ago.<br> Some of those protesters, tracked down by China's security apparatus, now face an anxious wait about their fate.<br> CHANGING MIND-SET<br> Little more than a month after the National Health Commission stressed commitment to its strict virus containment policy, saying it was "putting people and lives first", authorities have changed tack and are now telling people they have less to fear.<br> The commission announced on Friday that they will convert temporary facilities used for treating COVID patients into permanent hospitals to boost treatment efforts.<br> Zhong Nanshan, a prominent Chinese epidemiologist, said that 99% of people now infected with the virus would recover in 7 to 10 days, in comments reported by the People's Daily, controlled by the ruling Communist Party.<br> But there are signs the reassuring new message has still to convince many of the country's 1.4 billion people.<br> With the need for tests dropped and most infected people now being allowed to isolate at home, some have embraced the new freedoms.<br><br>For others, habits formed under months of stifling lockdowns, are proving hard to break.<br> On the Beijing subway, many seats were empty on Friday night during what should have been rush hour, even though the city this week scrapped the need to show negative tests to ride trains or enter offices.<br> Some downtown restaurants were deserted at lunchtime.<br> Amid the caution, state-broadcaster CCTV announced further easing, with tourism and entertainment venues - including theatres, libraries, internet cafes and table game centres no longer requiring COVID tests and health codes.<br> China's tally of 5,235 COVID-related deaths is a tiny fraction of its population of 1.4 billion, and extremely low by global standards.<br><br>Some experts have warned that toll could rise above 1.5 million if the exit is too hasty.<br> 'CHAOS' AHEAD<br> Chinese regulators and state-owned banks are taking steps to split staff at their workplaces in Beijing, sources told Reuters, as businesses brace for a possible spike in COVID cases.<br> Manufacturers remain cautious too, retaining COVID curbs until they get a clearer picture of just how workplaces will be affected by the easing of stringent measures.<br> Businesses told Reuters they were expecting to have to grapple with long periods with workers off sick that could hamper operations, perhaps for months.<br> While authorities have scrapped testing as a pre-requisite for many activities, hotpot chain Haidilao said it would continue to require daily PCR tests for staff at its dine-in outlets in Beijing.<br> Analysts and business leaders expect China's economy to rebound late next year as it follows the rocky path trodden by the rest of the world to open up and try to live with the disease.<br> China's battered yuan currency climbed to a three-month high early on Friday and its stock markets rose as investors looked beyond poor data to growth prospects.<br> Noel Quinn, chief executive of HSBC, which makes the bulk of its revenue in the Greater China region, told a financial forum in Shanghai that China's new measures represented "meaningful progress".<br> "I very much hope that they can be an important stepping stone towards the full reopening of mainland China's borders as soon as practicable," he told the Shanghai Bund Summit via video link.<br> A surge in infections would likely depress economic growth in the next few months, however.<br> The China Association of Automobile Manufacturers warned that large-scale COVID infections would have an "adverse impact" on the auto market next year.<br> "There's going to be chaos," said Jeffrey Goldstein, a China-based consultant who helps foreign brands manufacture goods in Asia.<br> "China's three years behind, so what's going to happen in China is what happened in the rest of the world."<br> A Reuters poll forecast China's growth to slow to 3.2% in 2022, far below the official target of about 5.5%, marking one of the worst performances in almost half a century.<br><br>(Reporting by Ryan Woo, Bernard Orr and the Beijing newsroom, Brenda Goh, Josh Horwitz and Jason Xue, Zoey Zhang in Shanghai, Martin Pollard in Wuhan and Selena Li in Hong Kong; Writing by John Geddie and Greg Torode; Editing by Simon Cameron-Moore, Frank Jack Daniel and Raissa Kasolowsky)<br><br><br><br>If you have any sort of concerns pertaining to where and the best ways to make use of [https://en.volos-minivan.eu/ATHENS-0000000135-Volos-Airport-greece-taxi-prices.html Volos Airport greece taxi prices], you can call us at our own web-site. |
Revisión de 09:48 25 feb 2023
Beijing eased curbs in major policy shift on Wednesday
*
Change came after historic protests last month
*
HSBC CEO hails new rules as "meaningful progress"
*
Analysts say virus spike will hurt short-term growth
By Ryan Woo, Martin Quin Pollard and Josh Horwitz
BEIJING, Dec 9 (Reuters) - Judging by Friday's quiet streets in China's capital Beijing and the reluctance of some businesses to drop COVID curbs, enduring anxieties about the coronavirus are likely to hamper a speedy return to health for the world's second-largest economy.
Although the government on Wednesday loosened key parts of its strict "zero-COVID" policy that has kept the pandemic largely at bay for the past three years, many people appear wary of being too quick to shake off the shackles.
In the central city of Wuhan, where the new coronavirus erupted in late 2019, there were more signs of life with some areas busy with commuters on Friday.
But residents say a return to normal is a long way off.
"They've relaxed the measures but still there's nobody about," said a taxi driver surnamed Wang, who didn't want to give his full name.
"You see these roads, these streets ... they ought to be, busy, full of people. But there's no one. It's dead out here."
Yet China has been anything but placid during the past few weeks, with protests against COVID curbs in many cities that marked the biggest show of public discontent since President Xi Jinping came to power a decade ago.
Some of those protesters, tracked down by China's security apparatus, now face an anxious wait about their fate.
CHANGING MIND-SET
Little more than a month after the National Health Commission stressed commitment to its strict virus containment policy, saying it was "putting people and lives first", authorities have changed tack and are now telling people they have less to fear.
The commission announced on Friday that they will convert temporary facilities used for treating COVID patients into permanent hospitals to boost treatment efforts.
Zhong Nanshan, a prominent Chinese epidemiologist, said that 99% of people now infected with the virus would recover in 7 to 10 days, in comments reported by the People's Daily, controlled by the ruling Communist Party.
But there are signs the reassuring new message has still to convince many of the country's 1.4 billion people.
With the need for tests dropped and most infected people now being allowed to isolate at home, some have embraced the new freedoms.
For others, habits formed under months of stifling lockdowns, are proving hard to break.
On the Beijing subway, many seats were empty on Friday night during what should have been rush hour, even though the city this week scrapped the need to show negative tests to ride trains or enter offices.
Some downtown restaurants were deserted at lunchtime.
Amid the caution, state-broadcaster CCTV announced further easing, with tourism and entertainment venues - including theatres, libraries, internet cafes and table game centres no longer requiring COVID tests and health codes.
China's tally of 5,235 COVID-related deaths is a tiny fraction of its population of 1.4 billion, and extremely low by global standards.
Some experts have warned that toll could rise above 1.5 million if the exit is too hasty.
'CHAOS' AHEAD
Chinese regulators and state-owned banks are taking steps to split staff at their workplaces in Beijing, sources told Reuters, as businesses brace for a possible spike in COVID cases.
Manufacturers remain cautious too, retaining COVID curbs until they get a clearer picture of just how workplaces will be affected by the easing of stringent measures.
Businesses told Reuters they were expecting to have to grapple with long periods with workers off sick that could hamper operations, perhaps for months.
While authorities have scrapped testing as a pre-requisite for many activities, hotpot chain Haidilao said it would continue to require daily PCR tests for staff at its dine-in outlets in Beijing.
Analysts and business leaders expect China's economy to rebound late next year as it follows the rocky path trodden by the rest of the world to open up and try to live with the disease.
China's battered yuan currency climbed to a three-month high early on Friday and its stock markets rose as investors looked beyond poor data to growth prospects.
Noel Quinn, chief executive of HSBC, which makes the bulk of its revenue in the Greater China region, told a financial forum in Shanghai that China's new measures represented "meaningful progress".
"I very much hope that they can be an important stepping stone towards the full reopening of mainland China's borders as soon as practicable," he told the Shanghai Bund Summit via video link.
A surge in infections would likely depress economic growth in the next few months, however.
The China Association of Automobile Manufacturers warned that large-scale COVID infections would have an "adverse impact" on the auto market next year.
"There's going to be chaos," said Jeffrey Goldstein, a China-based consultant who helps foreign brands manufacture goods in Asia.
"China's three years behind, so what's going to happen in China is what happened in the rest of the world."
A Reuters poll forecast China's growth to slow to 3.2% in 2022, far below the official target of about 5.5%, marking one of the worst performances in almost half a century.
(Reporting by Ryan Woo, Bernard Orr and the Beijing newsroom, Brenda Goh, Josh Horwitz and Jason Xue, Zoey Zhang in Shanghai, Martin Pollard in Wuhan and Selena Li in Hong Kong; Writing by John Geddie and Greg Torode; Editing by Simon Cameron-Moore, Frank Jack Daniel and Raissa Kasolowsky)
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