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The U.S. economy slumped by 3.5 percent last year, marking the sharpest annual decline in over 70 years.
In the fourth quarter, the world's largest economy grew at an annual rate of 4 percent, down from a record 33.4 percent surge in the previous quarter.
That gain followed a record-shattering annual plunge of over 33 percent in the April to June period, when the economy sank into a free-fall amid the pandemic.
Chile received two million doses of COVID-19 vaccine developed by Chinese drugmaker Sinovac.
The jab was approved for emergency use a week ago by the Chilean Institute of Public Health.
Another two million doses are expected to arrive in the coming days.
Chile reported over 700 thousand infections.
It expects a "massive vaccination process" to begin next week.
The country has also given the green light to the Pfizer-BioNTech vaccine and the Oxford-AstraZeneca vaccine.
The British government has added the United Arab Emirates, Burundi and Rwanda to its travel ban list.
From today, non-British or Irish passengers will no longer be granted access to Britain if they have been in or transited through these countries in the last 10 days.
Britain earlier banned all travel from South Africa, Portugal and South American nations due to concerns over COVID-19 variants.
The country has so far reported over 3.7 million infections.
President Xi Jinping says China is ready to strengthen cooperation with Bolivia on COVID-19 vaccines and will continue to support the country in the fight against the pandemic.
He made the remarks during a conversation with his Bolivian counterpart over the phone.
The president also called on Bolivia to promote more of its special products through the China International Import Expo.
Luis Arce voiced willingness to deepen Belt and Road cooperation with China.
International Olympic Committee president Thomas Bach has expressed his gratitude to Chinese President Xi Jinping for his personal commitment to the successful hosting of Beijing 2022 amid the fight against the COVID-19 pandemic.
In a telephone conversation with Bach on Tuesday, the Chinese President said will all preparation work will be completed as scheduled to ensure Beijing 2022 is a success.
Bach also welcomed Beijing 2022's guiding principles of "simplicity, safety and excellence," which he said reflect 100 percent the position of the IOC.
China is suggesting that the world's two largest economies share broad common interests and cooperation space in coping with climate change.
The remarks come after U.S. Secretary of State Antony Blinken and Climate Envoy John Kerry both expressed willingness to cooperate with China on climate change.
Foreign Ministry spokesperson Zhao Lijian says the two sides have carried out fruitful cooperation in this regard.
But the spokesman stressed that the bilateral cooperation in any specific area will never be isolated from the overall relationship, calling on Washington to create favorable conditions for sound bilateral cooperation in important areas.
Official figures show that China maintained its position as the world's largest trader of goods over the past five years.
The country's total imports and exports rose over 17 percent to more than 146 trillion yuan, roughly 22 trillion U.S. dollars from 2016 to last year.
In the first 10 months of 2020, China's foreign trade accounted for close to 13 percent of the world's total, nearly 1 point higher than that in 2015.
US President Joe Biden has signed executive orders aimed at reversing Trump administration health care policies and getting more Americans health insurance.
This offers coverage opportunities to many Americans who have lost their jobs during the coronavirus pandemic.
Biden is also directing health officials to weigh repealing a Trump rule that barred federally funded family planning clinics from referring women for abortions.
Belgian authorities have inspected a pharmaceutical facility involved in AstraZeneca's COVID-19 vaccine production chain.
The inspection, conducted at the request of the European Union, comes amid a dispute between the EU and AstraZeneca over vaccine deliveries.
Earlier, Belgian health authorities said the inspection sought to determine whether AstraZeneca vaccine delays were due to production issues at the Novasep factory.
AstraZeneca said last week it planned to cut EU deliveries to 31 million doses from 80 million due to reduced yields at its plant in Europe.
