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[June 08, 2022]  (Reuters) - Hopes of an improvement in key economic growth metrics in China have increased as more pandemic-related restrictions ease in the country, including the scheduled reopening of the Universal Beijing Resort next week.

DEATHS AND INFECTIONS

* Eikon users, see COVID-19: MacroVitals https://apac1.apps.
cp.thomsonreuters.com/cms/?navid=1592404098 for a case tracker and summary of news.

ASIA-PACIFIC

* China's exports are expected to have expanded at a faster pace in May as factories reopened and supply chain disruptions calmed after Shanghai began to emerge from a lockdown, while imports also likely rose, a Reuters poll showed.

* The Universal Beijing Resort will reopen on June 15 after being closed more than a month to comply with China's COVID-19 prevention measures, but it will cap the number of visitors at no more than 75% of capacity.

* North Korea on Wednesday reported more than 54,610 new people showing fever symptoms amid the reclusive nation's first-ever COVID-19 outbreak, state media KCNA said.
 


EUROPE

* Poland hopes to get up to about $2.81 billion in COVID-19 recovery funds from the European Union this year, the finance minister told news agency ISBnews, after Brussels cleared the way for Warsaw to receive the money.

* Tourism is rebounding more quickly in Portugal than in some parts of Europe, but the number of foreign visitors this year is still expected to lag the 2019 pre-pandemic record, the country's hotel association AHP said.

AMERICAS

* Advisers to the U.S. Food and Drug Administration voted overwhelmingly to recommend that the agency authorize Novavax Inc's COVID-19 vaccine for use in adults.

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Residents line up for nucleic acid tests on a street at a residential area, after the lockdown placed to curb the coronavirus disease (COVID-19) outbreak was lifted in Shanghai, China June 7, 2022. REUTERS/Aly Song

AFRICA AND THE MIDDLE EAST

* The European Investment Bank has committed 75 million euros ($80 million) to finance construction of a new facility in Senegal that will produce COVID-19 and other vaccines for use across Africa.

MEDICAL DEVELOPMENTS

* New data presented at the annual American Society of Clinical Oncology meeting in Chicago suggests that blood cancer patients have strong T-cell responses to COVID-19 vaccines despite a significantly weaker antibody response to the shots than patients with solid tumours.

* Pfizer Inc said it would spend $120 million to expand manufacturing of its COVID-19 antiviral treatment Paxlovid at its Michigan plant, as demand ramps up.

ECONOMIC IMPACT

* Japan's economy shrank slightly less than initially reported in the first quarter, as private consumption remained resilient in the face of resurgent COVID-19 infections and companies rebuilt their stock, offsetting a drop in business spending.

(Compiled by Dina Kartit, Shailesh Kuber and Uttaresh.V; Edited by Bill Berkrot and Shounak Dasgupta)

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