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China’s rich provinces post slower growth than national economy on COVID curbs

BEIJING (Reuters) – Some of China’s most affluent regions reported slower growth in the first three quarters of the year than the national economy, as COVID-19 curbs disrupted factory and consumer activity. Gross domestic product (GDP) for the world’s second-biggest economy expanded 3.0% in January-September from a year earlier, but provincial data released through Wednesday …

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Chinese COVID testing firms report big profits as virus fight intensifies

BEIJING (Reuters) – Several of China’s largest medical testing companies have posted big increases in profit for the first three quarters of the year, as the country’s strict zero-COVID policy boosts spending in a minority of sectors while depressing the broader economy. Over the past two weeks, at least six such companies have reported a …

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Factbox-What is China’s zero-COVID policy and how does it work?

BEIJING (Reuters) – Nearly three years into the pandemic, China is sticking with a strict COVID-19 containment policy that has caused mounting economic damage and widespread frustration, while keeping its borders shut for most international travel. China has yet to describe when or how it will begin to exit from an approach that it calls …

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Japan considering hypersonic missile deployment by 2030 – Nikkei

TOKYO (Reuters) – Japan’s defence ministry is considering the deployment of hypersonic missiles by 2030 to boost deterrence by stepping up its counterattack capabilities, the Nikkei business daily reported on Thursday. The ministry is seeking counterforce capabilities as Russia’s invasion to Ukraine changed the global security environment and North Korea’s series of missile launches and …

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White House says North Korea supplying Russia with artillery shells

By David Brunnstrom and Idrees Ali WASHINGTON (Reuters) -The United States has information that indicates North Korea is covertly supplying Russia with a “significant” number of artillery shells for its war in Ukraine, White House National Security spokesperson John Kirby said on Wednesday. Kirby told a virtual briefing that North Korea was attempting to obscure …

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China will support Pakistan in stabilising its financial situation – Xi

(() BEIJING (Reuters) – China will continue to support Pakistan as it tries to stabilise its financial situation, state media quoted President Xi Jinping as saying on Wednesday, during a visit by Pakistan’s prime minister to Beijing. Pakistan had been struggling with a balance of payments crisis even before devastating floods hit the country this …

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U.S. FCC commissioner visits Taiwan to discuss cybersecurity, telecoms

By Sarah Wu, Yimou Lee and David Shepardson TAIPEI/WASHINGTON (Reuters) -U.S. Federal Communications Commissioner Brendan Carr is in Taipei this week for meetings on 5G, cybersecurity and telecoms to show U.S. support for Taiwan. Carr is the latest senior official from the United States to visit the island and the first FCC commissioner to visit. …

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Hundreds march in crisis-hit Sri Lanka protesting tax hikes, crackdowns

By Uditha Jayasinghe COLOMBO (Reuters) – Hundreds of people marched in Sri Lanka’s largest city Colombo on Wednesday protesting against higher taxes, inflation and alleged state-led repression as the country struggles to emerge from its worst financial crisis in seven decades. The anti-government protest, jointly organized by opposition political parties, trade unions and civil society …

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