The move aims to counter China's growing domination of the global shipbuilding and logistics – and encourage US shipyards to build more vessels.

TSMC and other chipmakers are watching Trump Administration moves closely amid reports the agency dispersing chip subsidies is set to be gutted by job cuts; Beijing says Taiwan is giving TSMC to the US like a 'souvenir'

Tencent, Alibaba and ByteDance have "significantly increased" orders of a Nvidia chip after AI startup's success, and speculation on tougher export curbs; Beijing says plan for tougher curbs will backfire

Online fashion retailer's profit plunged by $1 billion in 2024, a new report says, and worse is to come after Trump closed a tax loophole it used to send items to the US

Markets in Hong Kong, Shanghai and many other Asian capitals fell on Monday after Trump moved to curb Chinese investment in the US

Experts say that while it may be a 'hard pill for them to swallow', Chinese leaders are shifting their approach to the domestic tech industry

The tightly choreographed pro-business meet marked a turnaround in Beijing's approach to the tech industry in the face of a slowdown in growth, deflationary concerns and a bitter rivalry with the US

Insiders say the White House is concerned about many of the terms underpinning the $39 billion Chips and Science Act industry subsidies

The Chinese EV giant's move to introduce self-driving to its cheapest EV models — priced as low as just $9,555 — far undercuts rivals such as Tesla

While China exports only tiny volumes of steel to the US, it is responsible for much of the world's excess steel capacity which eventually makes its way to American markets

There has been no hint yet of any progress in talks between Beijing and Washington, with Trump saying last week he was in no hurry to speak to his Chinese counterpart Xi Jinping

Chinese market analysts believe DeepSeek's launch is a 'watershed' moment that shows Beijing can hold its ground amid an intense tech war with rival US