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China to boost fiscal spending in 2023, manufacturing contracts

China said it will boost fiscal spending “appropriately” in 2023 to support the slowing economy, focusing on tech innovation and key strategic sectors, the finance ministry said.

China manufacturing contracts sharply as COVID infections soar | The Asahi Shimbun: Breaking News, Japan News and Analysis

BEIJING China s factory activity shrank for the third straight month in December and at the sharpest pace in nearly three years as COVID infections swept through production lines across the country after Beijing s abrupt reversal of anti-virus measures.

Chinese manufacturing contracts sharply as COVID infections soar

Beijing: China s factory activity shrank at the sharpest pace since the pandemic first emerged nearly three years ago, after Beijing s abrupt reversal.

Opinion: China s Central Bank Digital Currency Could Revolutionize Global Trade

Opinion: China s Central Bank Digital Currency Could Revolutionize Global Trade -The digital yuan will play a key role in reducing dollar dependence and give countries another payment option for trade

N95 masks rationed in US hospitals as stockpile surges

While supply and demand issues surrounding N95 respirators are well-documented, until now the reasons for this discrepancy have been unclear. The logistical breakdown is rooted in federal failures over the past year to coordinate supply chains and provide hospitals with clear rules about how to manage their medical equipment. Internal government emails obtained by The Associated Press show there were deliberate decisions to withhold vital information about new mask manufacturers and availability. Exclusive trade data and interviews with manufacturers, hospital procurement officials and frontline medical workers reveal a communication breakdown not an actual shortage that is depriving doctors, nurses, paramedics and other people risking exposure to COVID-19 of first-rate protection.

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