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"China has further reduced restrictions on market access by foreign investors and now allows foreign investment throughout China in sectors where it was previously permitted only in pilot free trade zones," said Paul McKenzie, managing partner of Morrison & Foerster's Beijing office. "Strong headwinds will likely continue at least until the US-China trade relationship improves. Perhaps a more dramatic set of further amendments to the negative list will come out of the current trade talks," McKenzie said.

"China and Africa have forged a deep traditional friendship, which is underpinned by mutual understanding, mutual respect and mutual support," he said.

"By Tuesday midnight, more than 7,000 vehicles had passed through the Daxing-Tongzhou section in 12 hours. Volume nearly reached the 16,000 per day level that we estimated before," he said.

"China is determined to make NEVs a success and Volkswagen is determined to make it a success, and I am confident it will happen."

"But we have to acknowledge that there would be no need for such a dire economic response if we had managed to improve our healthcare response sufficiently," he added.