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Global growth is projected to fall from an estimated 3.4 percent in 2022 to 2.9 percent in 2023, then rise to 3.1 percent in 2024.
The last time China is believed to have recorded a population decline was during the Great Leap Forward at the end of the 1950s.
Shops, theatres and other institutions must provide sanitisers/soaps and water for the public, like before.
A health official said on Saturday that COVID fever and emergency hospitalisations had peaked and the number of hospitalised patients was continuing to decline.
Numerous studies have shown that persons with diabetes who contract the Coronavirus are more likely to experience severe pneumonia and inflammation.
The complete scrapping of the travel rules comes at a time China is grappling with a sudden spurt in coronavirus infections.
Of the 19,227 international travellers tested during the period, 124 were found Covid positive, they said, adding that all of them were put in isolation.
The services were slashed five years ago after several of its staff were stricken with a still largely unexplained ailment dubbed 'Havana Syndrome'.
Kristalina Georgieva, the chief of the International Monetary Fund (IMF) made these grim assertions on Sunday during a CBS news programme "Face the Nation."
Official COVID-19 figures from China have become unreliable as less testing is being done across the country following the recent easing of the "zero-COVID" policy.