China's Foreign Minister Qin Gang said on Monday it is imperative to stabilise Sino-US relations, after 'erroneous moves' on Taiwan put bilateral ties in deep freeze.

The billionaire, who recently slashed his multi billion-dollar stake in Taiwanese chipmaker TSMC, said he was 'pleasantly surprised' at the progress of recent Japanese investments

US intelligence director Avril Haines gave that estimate of global economic impact to the Senate Armed Services panel, noting that Taiwan's TSMC is the world's biggest maker of advanced chips

The US Secretary of State said he was keen to re-establish lines of communication after cancelling his February visit

State-owned companies and firms listed on the mainland have been ordered to do thorough reviews of auditors' ability to "safeguard information security"

Sources say the cyberspace regulator ordered Wind to stop providing offshore users with certain data; other data providers have also restricted data access as geopolitical tensions rise

'China Competition Bill 2.0' will seek to limit advanced tech and capital going to China; boost curbs on buying US land and restrict foreign computer apps; and deter China from conflict with Taiwan

"This export restriction is noticeable, but it's not quite as devastating as it could have been," one expert said

China has updated its military conscription rules, to entice retired service personnel to return, while also aiming to recruit college students with space and cyber warfare skills

Congress wants independent verification that China fashion retailer does not use cotton that comes from forced labour in Xinjiang, before SEC allows it to stage a share offering in the US

Factory and export data raises pressure on policymakers keen to boost an economy struggling amid subdued global demand and persistent property weakness

Recent data shows that China is supplying computer chips, micro-circuits and similar items estimated at around $500 million a month, as well as huge purchases of Russian oil and gas