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Indonesia pushes for Covid-19 boosters

  Bloomberg Indonesia will ask people to show proof of a third Covid-19 vaccine shot to access crowded areas as the government banks on inoculation to manage an increase in cases. The government seeks to encourage people to get their booster shots, said Health Minister Budi Gunadi Sadikin in a briefing. Previously, limiting entry to shopping malls and public areas ...

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Goldman sees China household spending rising 4.5% in H2

Bloomberg China’s household spending may rebound in the second half of 2022, increasing 4.5% from a year earlier as Covid restrictions ease and the economy begins to recover, according to Goldman Sachs Group Inc economists. That expansion would follow a gloomy second quarter, with Goldman forecasting spending in the April-to-June period likely contracted 1.5%, largely because of slower growth in ...

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US ambassador urges China to stop spreading Russian ‘lies’

Bloomberg The US ambassador to China called on the Foreign Ministry in Beijing to stop spreading Russia’s “lies,” in an unusually direct and public rebuke by the top American diplomat in the country. Ambassador Nicholas Burns made the “request” in response to a question at a government-backed forum Monday about what China could do to resolve the crisis over Russia’s ...

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