FDI into China has been on a downward trajectory since last year, plunging by double-digit amounts in every month since May 2023
"We can't cut ourselves off and we don't now want China to cut us off, so we have to do this in a systematic way,” a US lawmaker said
The debut gave Zeekr a fully diluted valuation of $6.8 billion, or about half the $13 billion it fetched after a funding round last year
US insurance provider Porch Group is suing China Construction Bank in a US court for allegedly enabling a "massive fraud" that caused it multi-million-dollar losses
The US is likely to maintain tariffs on Chinese products and will reveal news next week on areas of strategic competition such as EVs and solar panels, sources say
The United States buys 92% of its high-end edge chips from TSMC, which is a major supplier to Apple and Nvidia
A teardown of the Pura 70 smartphone suggests Huawei may have only made incremental improvements in its ability to produce an advanced chip with Chinese partners
US officials are looking to restrict the export of closed source AI models to China, Russia and other rivals, sources say, but there is uncertainty on the regulatory set-up it seeks to impose
Commerce Secretary said: "We could take extreme action, which is to say 'No Chinese connected vehicles in the United States' or look for mitigation," including safeguards, guardrails or other requirements."
China tech giants file a suit in a Federal Court in Washington DC, saying the divestment law violates the US Constitution on a number of grounds, such as free speech
US revokes licences that gave chipmakers such as Intel and Qualcomm permission to sell chips to Huawei after China tech giant released an AI-enabled laptop last month
The app, Lemon8, is known for its ‘blog-style’ posts and is seen as a platform for photos, rather than videos