The Taiwanese company is already building a $8.6 billion chip facility in the country as part of efforts to diversify its production base

Four ByteDance employees, two in China and two in the US, involved in tracking foreign reporters and sources of company leaks, were fired for examining the journalists' IP addresses

Huawei has been unable to acquire new integrated circuits after US trade sanctions cut-off its access to chips produced using US technology anywhere in the world

The move has fuelled talk among colleagues he is being groomed for a bigger role in Tesla, at a time when chief executive Elon Musk has been distracted by Twitter

China's "closed loop" system, which had been relied on by many factories throughout the zero-Covid era, is also beginning to fall apart

A leading indicator of the demand for technology globally, the island's export orders are also likely to see a significant decline in December

The services unit’s pledged shares were last enforced a year ago, when the group's ownership was reduced from 60.96%

"China's growth outlook is subject to significant risks, stemming from the uncertain trajectory of the pandemic," the World Bank said

The survey suggests that the Chinese economy "may be heading for recession in 2023," World Economics said

Taiwan's export orders often arrive two to three months ahead of actual exports as a leading sign of demand for high-tech goods and Asian exports

Immigration queries from China have been on the rise this year as stringent zero-Covid curbs and a steep fall in property prices have chipped away riches from the wealthy

The new brand will be an addition to Yangwang, a premium brand set for launch in the first quarter of 2023 that it announced last month