This Chinese jobs crisis could be its worst

Chinese student Mao Zedong at a graduation ceremony at Fudan University, Shanghai, China June 23, 2017. REUTERS / Aly Song FREE unlimited access to Reuters.com for registration now Register HONG KONG, June 20 (Reuters Breakingviews) – The Unemployment Crisis of 2022 Could Be the Worst of the People’s Republic of 1949. Nearly one-fifth of those … Read more

The Baltic states want more NATO. They won’t get all they seek

Baltic states want NATO to boost presence by up to 10 times June summit set to offer pre-positioned equipment and rapid reinforcements in case of invasion Baltics say that option may stumble on infrastructure problems NATO, facing many calls for resources, will set plans for more air, sea defenses later TAPA MILITARY BASE, Estonia, June … Read more

In ‘miracle’ city Shenzhen, China’s economic future for fears

SHENZHEN, China, June 13 (Reuters) – David Fong made his way from a poor village in central China to the southern boomtown of Shenzhen as a young man in 1997. Over the next 25 years he worked for a succession of overseas manufacturers. Everything from making his own multi-million dollar business to schoolbags to toothbrushes. … Read more

Biden unveils new Latin America economic plan at reboot summit dogged by dissent

LOS ANGELES, June 8 (Reuters) – President Joe Biden announced on Wednesday a proposed new US economic partnership with Latin America aimed at countering China’s growing clout as he kicked off a regional summit marred by discord and snubs over the guest list. Hosting the Summit of the Americas in Los Angeles, Biden sought to … Read more

Shanghai revives after two-month COVID lockdown, wary of a new one

Residents celebrate, go shopping, return to work Car traffic, trains and buses resume in Shanghai Some residents wary COVID curbs may return City govt issues ‘thank you’ letter, some demand apology SHANGHAI, June 1 (Reuters) – Shanghai sprung back to life on Wednesday after two months of bitter isolation under a ruthless COVID-19 lockdown, with … Read more

Wary of foreign ‘bad manners’, Japan cautiously eases borders to aid tourism

The entrance gate to the normally crowded Kiyomizu temple, a favorite location among tourists, is pictured amid the coronavirus disease (COVID-19) outbreak, in Kyoto, Japan, July 21, 2020. Picture taken on July 21, 2020. REUTERS / Leika Kihara / File Photo Register now for FREE unlimited access to Reuters.com Register TOKYO, May 30 (Reuters) – … Read more

Zero-COVID, big money: China’s anti-virus spending boosts medical, tech, construction

BEIJING, May 30 (Reuters) – China’s ‘zero-COVID’ policy of constantly monitoring, testing and isolating its citizens to prevent the spread of the coronavirus has battered much of the country’s economy, but it has created bubbles of growth in the medical, technology and construction sectors. The Chinese government, alone among major countries in vowing to eradicate … Read more

No work and nowhere to live: a rural migrant’s ordeal in locked-down Shanghai

BEIJING, May 27 (Reuters) – When Shanghai began its draconian COVID-19 lockdown two months ago, the French restaurant where Sun Wu waited tables closed and the 22-year-old, like countless other rural migrants, lost his job. To make ends meet, Sun helped sort government deliveries for residents under lockdown, earning 250 yuan ($ 38) a day … Read more

Biden says no change on ‘strategic ambiguity’ as Taiwan overshadows Quad talks

TOKYO, May 24 (Reuters) – President Joe Biden said on Tuesday there was no change to a US policy of “strategic ambiguity” on Taiwan, a day after he angered China by saying he would be willing to use force to defend the democratic island . The issue of Taiwan loomed over a meeting in Tokyo … Read more

Bolivia’s salt flats from Legendary Lithium riches may still just be a mirage

SALAR DE UYUNI, Bolivia, May 23 (Reuters) – On Bolivia’s Salar de Uyuni, a vast white salt flat that almost feels otherworldly, Karina Quispe is the world’s largest – and almost untapped – trove of sidelines. battery metal lithium. Her village is on the edge of the salar – where most of the men have … Read more