The world’s No2 economy saw manufacturing contract sharply in December as Covid infections soared following Beijing’s about-turn on its ‘zero-Covid’ policy

Hospitals have been swamped by people seriously ill with Covid, while the country has also seen a rush of queries from people wanting to travel again, as quarantine rules will end on January 8

Stocks in Hong Kong, Shanghai and Tokyo all rose on Tuesday after Beijing dropped its quarantine requirement for inbound travellers; the US dollar also eased

Subway trains in Beijing and Shanghai were packed, while some major traffic arteries in the two cities were jammed with slow-moving cars

Analysts have warned the world's second-largest economy is "entering the most dangerous weeks of the pandemic"

Forecasters say $2.97 billion will be spent in the country, mostly driven by domestic consumers and tourism

Indonesia is targeting 20% of overall car sales in 2025 being electric vehicles, chief economics minister Airlangga Hartarto said

China's "closed loop" system, which had been relied on by many factories throughout the zero-Covid era, is also beginning to fall apart

Toyota chief Akio Toyodo said the "silent majority" is wondering if electric vehicles really are "OK to have as a single option".

Buffett has been trimming his stake in the electric vehicle and battery maker this year, with the first share sale reported in August

Battery makers like China's BYD and Korean rival Samsung SDI are teaming up with VW and Mercedes to create an EV-producing mega-hub in Europe

If successful, the IPO would be the first major US float of a Chinese firm since Beijing tightened its grip over Chinese companies' overseas share sales in July last year