Top officials are toning down warnings about the dangers of the coronavirus, but residents are rushing to buy drugs, fearing it will spread. covid19 pandemic China
Chinese officials say COVID patients with mild symptoms will be allowed to isolate at home as part of a set of new measures that mark a major shift in a tough anti-virus policy that has battered its economy and sparked historic protests.
Investors were quick to cheer the prospect of a reprieve for the world’s second-largest economy and the possibility of a shift towards a lifting of border controls next year. But the looser curbs have set off a rush for preventative drugs as some residents, particularly the unvaccinated elderly, feel more vulnerable to the virus.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Millions of cases and economic impacts: What eased COVID-19 restrictions in China may look likeAs China prepares to ease long-standing COVID-19 restrictions, what could this mean for case numbers and deaths in the country and economic growth around the world?
Read more »
Taiwan foreign minister: China may scapegoat us over Covid protestsJoseph Wu backs Chinese protesters but says Beijing ‘might try to create external crisis to divert domestic attention’
Read more »
PM’s COVID diagnosis delays national cabinet’s energy price crisis talksTime is running out for the prime minister to strike a deal as NSW and Queensland warn against any hit to their combined $9 billion in annual coal royalties.
Read more »
New Zealand launch Royal Commission into COVID responseNew Zealand will launch a Royal Commission into their government’s response to the COVID-19 pandemic. It will review health and economic decisions regarding the restrictions put in place.
Read more »
Chinese markets doing ‘well’ after ‘liberalising’ of COVID restrictionsCommSec’s Tom Piotrowski says the Chinese market has done “quite well” due to Chinese authorities “liberalising” COVID-19 restrictions, but Australia’s market will see a “knock”. It pushed the “Shanghai market up by 1.7 per cent,” Mr Piotrowski said. “The Hang Seng was up four and a half per cent. “To an extent that helped northern hemisphere trade.” Presented by CommSec.
Read more »