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As the global version of Chinese app Douyin, TikTok has offices in a dozen cities around the world. The company has announced that it plans to set up new international headquarters outside of the US, and recent media reports have tipped London as the likely location. This week the company also revealed plans to build a new 420-million-euro (7 million) data center in Ireland, its first such facility in Europe.

As the novel coronavirus continues to abate across China, local governments are offering support to boost consumption and get life and business back to normal.

As the most significant tax overhaul for two decades, the VAT reform is a key part of China's supply-side economic reforms. It was first piloted in Shanghai in 2012 and expanded nationwide in May 2016.

As they had on Monday, the rallies began peacefully but grew more confrontational as darkness fell, and police turned out in force to cordon off a section of the city's 52nd Street commercial district lined with shops that were looted the previous night.

As well as being the biggest overall primary exports market, China was the biggest market for exports of dairy, meat and wool, forestry and seafood.