Joe Mcdonald, The Associated Press

Joe Mcdonald

The Associated Press

China

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  • CBS 8 San Diego
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Past:
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Recent articles by Joe:

World stocks rise after Fed chair downplays bigger rate hike

The Fed raised its key interest rate Wednesday by half a percentage point, or double its usual margin. But it is not considering a larger increase anytime soon. → Read More

Shanghai easing virus rules, Hong Kong ending entry ban

Officials in Shanghai have promised to ease anti-virus controls on truck drivers that are hampering food supplies, while Hong Kong's government announced the end of a 2-year-old ban on non-residents flying into the city as its outbreak fades → Read More

Shanghai allows 4 million out of homes as virus rules ease

A health official says 4 million more people in Shanghai have been allowed to leave their homes as coronavirus quarantine rules ease → Read More

Anti-virus shutdowns in China spread as infections rise

Anti-virus controls are shutting down some of China’s biggest cities and fueling public irritation as infections rise → Read More

Anti-virus shutdowns in China spread as infections rise

Anti-virus controls are shutting down some of China’s biggest cities and fueling public irritation as infections rise → Read More

Anti-virus shutdowns in China spread as infections rise

BEIJING (AP) — Anti-virus controls that have shut down some of China’s biggest cities and fueled public irritation are spreading as infections rise, hurting a weak economy and prompting warnings of possible global shockwaves. Shanghai is easing rules that confined most of its 25 million people to their homes after complaints they had trouble getting food. → Read More

Shanghai eases 2-week shutdown, letting some residents out

Some residents of Shanghai have been allowed out of their homes as the city of 25 million eases a two-week-old shutdown → Read More

Shanghai eases 2-week shutdown, letting some residents out

Some residents of Shanghai have been allowed out of their homes as the city of 25 million eases a two-week-old shutdown → Read More

Shanghai eases 2-week shutdown, letting some residents out

Residents of China's biggest city were isolated for two weeks in an effort to prevent the spread of COVID-19, part of China's zero-tolerance policy toward the virus. → Read More

China tries to calm markets by pledging support for economy

China is attempting to ease some of the uncertainty in the market felt by investors over the past few weeks, fueled by international conflict and high oil prices. → Read More

China's virus cases rise, access to Shanghai tightened

The number of new daily coronavirus cases in an outbreak in China’s northeast has more than tripled → Read More

China cuts economic growth goal as it tries to reverse slump

China has cut its annual economic growth target to its lowest level in decades as Beijing tries to reverse a slump at a time when Russia’s war on Ukraine is pushing up oil prices and roiling the global economy → Read More

Tough sanctions loom against Russia, effectiveness uncertain

As the Biden administration prepares its response to Russia’s attack on Ukraine, U.S. Treasury Department officials and their counterparts in Europe are tasked with finding ways to make Russia’s economy pay a price → Read More

BEIJING SNAPSHOT: A scramble for scarce Olympic souvenirs

The race is on to snap up scarce 2022 Winter Olympic souvenirs → Read More

Asian stocks fall on concerns about Omicron variant, tighter Fed policy

"Omicron threatens to be the Grinch to rob Christmas," said Mizuho Bank's Vishnu Varathan. The market "prefers safety to nasty surprises." → Read More

China clears Boeing 737 Max to fly again

China’s aviation regulator cleared the Boeing 737 Max on Thursday to return to flying with technical upgrades more than two years after the plane was grounded worldwide following two fatal crashes. → Read More

Laos-China railway to launch as debt to Beijing mounts

Laos, an isolated, mountainous nation of 7 million people wedged between China, Vietnam and Thailand, is opening a $5.9 billion railway its leaders hope will energize its economy, but it may pile on dangerously high debt → Read More

Chinese tennis star who accused former Communist Party official of sexual assault found safe

Missing Chinese tennis star Peng Shuai told Olympic officials in a video call from Beijing that she was safe and well, the International Olympic Committee said Sunday after Peng reappeared in public at a youth tournament in Beijing, according to photos released by the organizer. → Read More

Missing Chinese tennis star reappears in public in Beijing

BEIJING (AP) — Missing tennis star Peng Shuai reappeared in public Sunday at a youth tournament in Beijing, according to photos released by the organizer, as the ruling Communist Party tried to quell fears abroad while suppressing information in China about Peng after she accused a senior leader of sexual assault. → Read More

China tightens political control of internet giants

After flourishing for two decades with little regulation, China’s internet industries face a future of tighter control by the ruling Communist Party and pressure to pay for its tech ambitions, social welfare and propaganda → Read More