Joe Mcdonald
The Associated Press
China
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Recent articles by Joe:
Workers at virus-hit iPhone factory in China beaten, detained after protests
Videos and postings on Chinese social media showed people in masks confronting police. One person was hit in the head with a club and another was taken away with his arms held behind his back. → Read More
China anti-virus curbs spur fears of global economic impact
The Chinese government says more than 253,000 coronavirus cases have been found in the past three weeks and the daily average is rising → Read More
Interest rate anxiety hangs over Wall Street as week begins
Wall Street is following global stock markets lower to open a holiday-shortened week as anxiety over Federal Reserve plans for more interest rate hikes continue → Read More
Asian stocks down after Wall St weekly loss on rate fears
BEIJING — Asian stock markets sank Monday after Wall Street ended with a loss for the week amid anxiety about Federal Reserve plans for more interest rate hikes to cool inflation. Hong Kong’s benchmark fell more than than 2%. Shanghai, Seoul and Sydney also retreated, while Tokyo was little-changed. Oil prices declined. U.S. stock indexes […] → Read More
Asian stocks down after Wall St weekly loss on rate fears
BEIJING (AP) — Asian stock markets sank Monday after Wall Street ended with a loss for the week amid anxiety about Federal Reserve plans for more interest rate hikes to cool inflation. Hong Kong’s benchmark fell more than than 2%. Shanghai, Seoul and Sydney also retreated, while Tokyo was little-changed. Oil prices declined. U.S. stock […] → Read More
Asian stocks down after Wall St weekly loss on rate fears
BEIJING — Asian stock markets sank Monday after Wall Street ended with a loss for the week amid anxiety about Federal Reserve plans for more interest rate hikes to cool inflation. Hong Kong’s benchmark fell more than than 3%. Shanghai, Tokyo and Sydney also retreated. Oil prices declined. All the major U.S. stock indexes ended […] → Read More
Biden-Xi summit: What Biden wants, what Xi wants
When U.S. President Joe Biden sits down with China's Xi Jinping on Monday, don't expect concessions from the U.S. side → Read More
China tightens restrictions as rise in virus cases reported
BEIJING — Everyone in a district of 1.8 million people in China’s southern metropolis of Guangzhou was ordered to stay home for virus testing Saturday and a major city in the southwest closed schools as another rise in infections was reported. Nationwide, a total of 11,773 infections were reported over the previous 24 hours, including […] → Read More
China tightens restrictions as rise in virus cases reported
Everyone in a district of 1.8 million people in China’s southern metropolis of Guangzhou has been ordered to undergo virus testing while a major city in the southwest closed schools as another rise in infections was reported → Read More
Visitors to Shanghai Disney locked in park for COVID-19 testing
“Please return and take a tour in the park," an employee in a mask said to guests in a video on social media. "The park’s gates are all closed temporarily, and you cannot leave now.” → Read More
Workers walk out of iPhone factory, highlighting virus woes
BEIJING (AP) — Workers who assemble Apple Inc.’s newest iPhone walked away from a factory in central China following virus outbreaks and complaints of unsafe working conditions, highlighting the cl… → Read More
China’s economic growth accelerates but weak amid shutdowns
BEIJING (AP) — China’s economic growth picked up in the latest quarter but still was among the weakest in decades as the ruling Communist Party tries to reverse a slump while enforcing anti-v… → Read More
China’s Xi expands powers, promotes allies
BEIJING (AP) — President Xi Jinping, China’s most powerful leader in decades, increased his dominance Sunday when he was named to another term as head of the ruling Communist Party in a break with … → Read More
China accuses US of ‘Cold War thinking’ in security strategy
BEIJING (AP) — The Chinese government on Thursday accused Washington of “Cold War thinking” and appealed for efforts to repair strained relations after President Joe Biden released a national secur… → Read More
Stocks down after report shows 208,000 new jobs. Here's why.
Following two strong days of buying to start the last quarter of 2022, markets soured on Wednesday after a report showed 208,000 new jobs in September → Read More
Stocks down after report shows 208,000 new jobs. Here's why.
Following two strong days of buying to start the last quarter of 2022, markets soured on Wednesday after a report showed 208,000 new jobs in September → Read More
Wall St. modestly higher ahead of consumer spending report
Wall Street pointed toward small gains before the open early Friday after investors got more ominous inflation data from Europe as they waited for a U.S. government report on consumer spending. Futures for the Dow Jones Industrial Average were 0.1% higher and futures for the S&P 500 rose 0.3% after the benchmark fell to its […] → Read More
Global stocks down after strong US jobs data
BEIJING (AP) — Global stock markets declined Wednesday after strong U.S. jobs data fueled expectations of more interest rate hikes and Chinese manufacturing activity weakened. London and Frankfurt … → Read More
Pelosi to visit Asia with focus on COVID-19, climate change
Pelosi said in a statement she is leading a congressional delegation to Singapore, Malaysia, South Korea and Japan to discuss trade, the COVID-19 pandemic, climate change, security and “democratic governance.” → Read More
Pelosi confirms trip to Asia, but no mention of Taiwan
BEIJNG (AP) — The speaker of the U.S. House of Representatives, Nancy Pelosi, confirmed Sunday she will visit four Asian countries this week but made no mention of a possible stop in Taiwan that ha… → Read More