TSMC said the US had advised it to apply for a "validated end-user" authorisation, which would serve as a permanent authorisation for its China operations
China's muted diplomatic stance - calling for de-escalation but stopping short of condemning Hamas - has also added to investors' nervousness
The move will likely be announced at a summit with the US, which had asked Brussels to move against Chinese steel producers
As trading started in Asia on Monday, investors were seen flocking to safe haven assets like gold, the dollar and US Treasuries, while equities and currencies across the region fell
In order to meet the demands of the rapidly developing AI industry, Beijing also plans to improve computational infrastructure in western China
The Belgian security service is monitoring Alibaba’s operations, with scrutiny on software systems that collate sensitive data and the need for the group to share information with Chinese authorities
The conclusion of Capvision’s ‘rectification’ process is the latest development in China’s sweeping crackdown on consultancy and due diligence firms this year
Several app developers have taken to social media to voice concerns over Apple's decision, fearing the tech giant may further tighten rules to fully comply with China's tightening regulations
Rejecting a US report from last week outlining an alleged global disinformation campaign funded by Beijing, the Chinese foreign ministry said the report itself was false information
Police scrutiny of Evergrande, and now its chief, has complicated debt restructuring efforts by the world’s most debt-laden property developer
Foreign firms have been particularly concerned about stepping over the line while dealing with Chinese regulators, amid Beijing’s crackdowns on due diligence and consultancy firms
While the planned diplomatic exchanges are aimed, in part, at restoring ties, Xi is also said to be hoping they will slow down Washington’s trade and tech war targeting Beijing