China's jobless rate rose to 6.1% in April, the highest level since the 6.2% peak seen in the early part of the Covid-19 pandemic in February 2020.
Chinese Premier Li Keqiang recently described the country's employment situation "complicated and grim" following the worst outbreaks of the virus since 2020.The hard life of a homeless Shanghai deliverymanRetail sales saw the biggest contraction since March 2020 as they shrank by 11.1% in April from a year earlier, according to China's National Bureau of Statistics.At the same time industrial production fell by 2.
There are no more positive cases reported outside of quarantine centres in Shanghai - and that was a key target. Despite claims that the majority of residents are free to roam, anecdotal reporting on the ground is very different.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China tensions loom as Japan's Okinawa marks 50 years since US handoverThe Japanese island chain of Okinawa marked the 50th anniversary on Sunday of the end of US occupation and its return to Japan with ceremonies and celebrations amid growing worry about its proximity to an increasingly assertive China. The occupation is still ongoing. Japanese puppets are installed and Japan is still not a sovereign nation. It only appears sovereign but all their decisions align with US interests ナチスの戦争犯罪者を排除する Wow, Okinawa. Aren’t you guys lucky to have your independence from the USA’s immediate protection. Okinawans invented a revered form of martial art 🥋. Your culture can obviously protect itself from Chinese aggression.
Source: cnni - 🏆 326. / 59 Read more »
AI For Sustainability, The Billionaire Betting Against Coal And Tesla Facing Lower China SalesThis week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability.
Source: Forbes - 🏆 394. / 53 Read more »
G7 Warn of Ukraine Grain Crisis, Ask China Not to Aid RussiaThe Group of Seven leading economies have warned that the war in Ukraine is stoking a global food and energy crisis that threatens poor countries. They said urgent measures are needed to unblock stores of grain that Russia is preventing from leaving Ukraine. In a statement released Saturday at the end of a three-day meeting on Germany’s Baltic Sea coast, the G-7 nations also called on China not to help Russia. They said this included any moves by Beijing that could undermine international sanctions against Russia or justify Moscow’s actions in Ukraine. In a series of closing statements, the G-7 nations also addressed a wide range of global problems from the situation in Afghanistan to tackling climate change.
Source: nbcsandiego - 🏆 524. / 51 Read more »
AI For Sustainability, The Billionaire Betting Against Coal And Tesla Facing Lower China SalesThis week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. AI and the sustainable future: Research by PwC UK, estimates that using AI for environmental applications could contribute up to $5.2 trillion USD to the global economy in 2030, a 4.4% increase relative to business as usual.
Source: ForbesTech - 🏆 318. / 59 Read more »
China Cites Pandemic and Withdraws as Host of 2023 Asian CupChina withdrew as host of soccer’s 2023 Asian Cup on Saturday in the latest cancellation of the country’s sports hosting duties during the COVID-19 pandemic.
Source: nbcchicago - 🏆 545. / 51 Read more »
China withdraws as 2023 Asian Cup host due to pandemicThe Asian Football Confederation praised China for the 'difficult choice' to withdraw as the country battles to stamp out the virus with rapid lockdowns and mass testing. سیالکوٹ_جلسہ_ہو_کے_رہے_گا اور پورے ملک میں جلسہ ہوگا۔ امپورٹڈ_حکومت_نامنظور SialkotFightsBack
Source: trtworld - 🏆 101. / 63 Read more »