In a 99-page document submitted to a US court, TikTok and ByteDance argued the divest-or-ban bill was punitive, speculative and needed to be struck down
Chinese firms have reported a decline in sales and a hit to brand image as a result of the EU's recently concluded anti-subsidy probe
At a closed door meeting also attended by European carmakers, Chinese automakers alleged the EU anti-subsidy probe was a ploy to steal their business secrets
New guidelines aim to suppress the industry after years of over-expansion, which caused lithium prices to plunge more than 80% last year
Investors snapped up Japanese stocks after sharp losses in the previous session but uncertainties about the BoJ’s policy path weighed on investor sentiment
The investment mogul’s stake in the Chinese electric vehicle maker is effectively down more than 66%
Among the biggest drags on Nikkei was Toyota Motor, which slid 2.6% amid continued fallout from a safety test certification scandal
China's state-owned banks can offer loans as low as 1.4% for nuclear power development, far lower than available in Western economies
Sentiment was hurt as the United States said it was considering taking additional steps against Chinese companies that have been supplying Russia's defence industrial sector
World stocks retreated from record highs as China signalled it would respond to the EU's tariffs on its electric vehicle makers
Losses in Japan and Hong Kong were offset by markets rallying in Taiwan and South Korea — both of which were buoyed by overnight gains on Wall Street and positive tech news.
Billions of dollars worth of state subsidies and incentives have fuelled a steep plunge in prices of China's solar cells and modules, slashing the industry's profits