China pledged to increase purchases of US farm and manufactured goods, energy and services but had met only about 60% of that goal

Two US senators sent a letter to US Commerce Secretary Gina Raimondo complaining her department is hampering efforts to restrict exports to China chip maker SMIC.

The AFL-CIO, which represents 12.5 million workers, said in a letter to lawmakers the bill's $52 billion for chips is critical to "addressing the current chip shortage"

Beijing also set the quota for smelting and separation, the ministries of Industry and Information Technology and Natural Resources said

China reported 34 Covid-19 cases connected to the Games and Canada said five members of its 246-strong delegation have tested positive

The bill authorises $45 billion to support supply-chain resilience and manufacturing of critical goods, industrial equipment, and manufacturing technology

Jim Umpleby, chief executive, said the machinery company's revenues would have been higher had it not faced supply chain problems

The 4-0 vote to revoke the authority granted in 2002 is the latest move by the regulator to bar Chinese telecom carriers from the US over national security concerns.

The dispute with China started in July last year when Lithuania allowed Taiwan to open a diplomatic outpost in Vilnius

A row over the opening of a Taiwan representative office in Vilnius became an economic issue after Beijing banned Lithuanian imports, but China says it should not be allowed to 'hijack relations'

The US, which is unable to appeal against the decision, branded it "deeply disappointing" and said it reinforced a need to reform WTO rules

Tencent invested in 258 companies, 60% more than in 2020. Alibaba made 70 investments, up 59% and ByteDance bought into 58 companies, 87% more