People wearing protective face masks carry their luggage at Capital Airport, following an outbreak of the coronavirus disease (COVID-19), in Beijing, China, November 5, 2020. REUTERS/Thomas Peter

SHANGHAI, Feb 12 (Reuters) - China's National Immigration Administration said it will not be renewing passports for non-essential travel while the international COVID-19 epidemic situation is still severe and cross border travel poses "great security risks".

The administration said in a statement on social media it will "normally issue passports" for individuals who need to travel abroad for study, employment, or business.

But rumours it will issue passport renewals for individuals looking to travel abroad for leisure are false, the authority said.

China has tightened controls over its citizens' cross-border travel to lower the risk of the virus being brought in from overseas and spreading domestically.

It has suspended the issuance of new common passports for individuals who intend to go abroad for non-urgent matters.

Our Standards: The Thomson Reuters Trust Principles.

Stocks slipped and bond yields fell on Tuesday on worries a visit by U.S. House of Representatives Speaker Nancy Pelosi to Taiwan would further harm relations between China and the United States.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.

The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs.

The industry leader for online information for tax, accounting and finance professionals.

Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.

Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.

Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.

All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.