China’s decision to welcome tourists again as well as to make it easier for those in the country to travel abroad has been one of the most discussed topics at the World Economic Forum.

Chinese Vice Premier Liu He discussed U.S. tech policy toward China in a meeting with U.S. Treasury Secretary Janet Yellen, the Ministry of Commerce said.

China’s Vice Premier Liu He said that the world “needs to abandon its Cold War mentality” and seek to strengthen international cooperation.

Asia-Pacific’s leading index entered a bull market this week, fueled by a rally in Chinese equities from reopening optimism.

For the year ahead, Bain Partner Derek Deng said China’s consumer spending likely wouldn’t even return to 2021 levels due to macroeconomic developments.

The surge in Covid-19 cases in China is impacting the completion of manufacturing orders, according to CNBC Supply Chain Heat Map data.

Investors cautious heading into next year in regards to Chinese tech stocks with analysts expecting regulation to be more predictable and growth to accelerate.

The onshore and offshore Chinese yuan is expected to strengthen even further than current levels, according to BK Asset Management.

Both futures have since pared gains, with Brent crude last trading at $86.12 a barrel, and U.S. West Texas Intermediate futures at $80.53 per barrel.

The country reported local infections, mostly asymptomatic, that totaled 38,421 for Monday, down from a record high of 40,052 reported for Sunday.

The White House, in a statement, said the Chinese people have the right to protest peacefully.

Baidu traffic data showed Beijing has fallen from being the most congested city in all of China to 74th place.

Mainland China reported more than 31,000 Covid infections for Wednesday, including asymptomatic cases.