But while economic activity is expected to eventually rebound, it's unclear how quick that will happen given the spread of infections and the weakness in confidence
Even before the curbs were lifted, China's economy was struggling, with a slump in consumer spending deepening and industrial output growing the slowest since the spring lockdowns
Following the recent abrupt end to Covid Zero controls, more cities have been hit by an exit wave of infections in the past week, leading to crowded hospitals and queues at funeral parlors
China has been ruthless in its attempts to acquire high-end microchips as it imports more than $300 bn worth of semiconductors each year
The lockdowns, testing and quarantine rules that were key to the Covid Zero policy put a strain on consumer and business spending, pushing the economy close to contraction in the second quarter
Epidemiologist forecasts 10% of world population will be infected in next 90-days
Health ministry asks states to ramp up genome sequencing
Chinese cities are witnessing a wave of Covid-19 cases, with concerns growing that the government may be hiding the true toll of the virus
The index fell to 48.1 in December from 51.8 in November, showed the World Economics' survey of sales managers at over 2,300 companies conducted Dec. 1-16
Brent crude futures fell $1.80, or 2.2%, to $79.41 per barrel by 0940 GMT
The government's abrupt abandonment of its long-held Covid Zero strategy has made the outlook for the economy very uncertain as factories brace for disruption and labor shortages rise
China's economy has been depressed by its zero-COVID policy, as tight movement controls hampered consumption and production
Revival in China's economic growth and policies could shrink this premium
China's abrupt ending of its Covid Zero policy injects more uncertainty into an already fragile economy, raising the prospect of looser fiscal and monetary policy
Consumer demand for cars in China has been dented by the country's still strict approach to Covid
China's Premier Li Keqiang, in comments carried by state media, said the country's shift in Covid-19 policy would allow the economy to pick up pace
Companies, investors around the world looking at India's policy trajectory, says the professor of trade policy at Cornell University
New measures include accelerating vaccination among the elderly and forbidding local officials to designate large areas, like entire housing compounds, as high-risk
The economy is expected to face bigger pressure from spiking Covid cases in the early stages of China's reopening
The worsening trade performance is undermining a strong pillar of China's economy over the last two years, where the rise in exports to record levels have provided Chinese firms with stable demand