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Wrong Covid test results in China raise concerns 'the pandemic may never end'

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Residents queue at a Covid-19 testing booth in Beijing, China, on Monday, Nov. 28, 2022. The capital city has required regular virus tests for more than half a year. Bloomberg | Bloomberg | Getty Images BEIJING — Local frustration with Covid controls in China has increasingly targeted virus testing requirements and the big business they've fueled. Trending on Weibo, China's version of Twitter, on Tuesday morning was the hashtag: "If virus testing chaos never stops, the pandemic may never end," according to CNBC's translation of the Chinese. The hashtag was referring to the headline of a now-deleted opinion piece from a publication overseen by People's Daily, the Chinese Communist Party's newspaper. The article listed several instances of allegedly forged virus test results this year across the country, including in Shanghai and Beijing. The article warned that false reporting of nucleic acid test results could end up spreading the virus further, lead...

China's economy looks different than it was going into the pandemic

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In this article GSBD GS Follow your favorite stocks CREATE FREE ACCOUNT The central China city of Taiyuan saw its GDP grow by 10.9% year-on-year in the first three quarters of 2022. Pictured here is a screen displaying details of a new factory in the city. Vcg | Visual China Group | Getty Images BEIJING — The Chinese economy of 2023 almost definitely won't look like the Chinese economy of 2019. Real estate has slumped under Beijing's crackdown. Exports have tapered off following a surge. Chinese e-commerce giant JD.com this year replaced Huawei, hit by U.S. restrictions, as the largest non-state-owned enterprise in China by revenue. related investing news Is China set for a rebound in 2023? Wall Street pros weigh in — and reveal how to trade it Zavier Ong 2 days ago In the last month, Beijing suddenly ceased many of the lockdown measures and Covid testing requirements that had weighed on economic growth over the last 18 months. Analysts warn of a bumpy road to full reopening,...

Sick and family leave are top union demands post-Covid-pandemic

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The bitter negotiations that nearly brought the country’s freight rail system to a halt last week hinged on one quality of life issue: worker leave.  Rail workers nearly went on strike over paid sick leave. They lost their fight, but in the post-pandemic era, the issue of how and when workers can take leave from their jobs is at the core of several major labor negotiations. At Delta, nearly 15,000 pilots threatened a work stoppage due in part to disagreements about time off and scheduling before they reached a tentative agreement with the airline this week. At the University of California, where some 48,000 graduate student workers and researchers are in the midst of a contentious strike; workers pushed for — and won — major concessions from the university on its paid time-off and family leave policies.  Delta Airlines pilots take part in an informational picket at Minneapolis-St. Paul International Airport in 2016. Glen Stubbe / Star Tribune via AP file More than 100,000 rail workers ...

Wrong Covid test results in China raise concerns 'the pandemic may never end'

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Residents queue at a Covid-19 testing booth in Beijing, China, on Monday, Nov. 28, 2022. The capital city has required regular virus tests for more than half a year. Bloomberg | Bloomberg | Getty Images BEIJING — Local frustration with Covid controls in China has increasingly targeted virus testing requirements and the big business they've fueled. Trending on Weibo, China's version of Twitter, on Tuesday morning was the hashtag: "If virus testing chaos never stops, the pandemic may never end," according to CNBC's translation of the Chinese. The hashtag was referring to the headline of a now-deleted opinion piece from a publication overseen by People's Daily, the Chinese Communist Party's newspaper. The article listed several instances of allegedly forged virus test results this year across the country, including in Shanghai and Beijing. The article warned that false reporting of nucleic acid test results could end up spreading the virus further, lead...