"It takes huge amounts of pre-emptive investment to be a chipmaker, and it takes five years, 10 years to break even on those investments, so putting predictability into jeopardy makes investments difficult," an analyst said

Montana, which has a total of about 1.1 million residents, is the first US state to impose a ban on the short-video app, which is due to take effect on January 1, 2024

China is set to be the first country to install 100 gigawatts of solar power in a year, thanks to decades of research and development, plus strong government support over the past 20 years

China has expressed anger at Japan for the strong criticism it received during the G7 summit, but Joe Biden said he expects ties with Beijing will warm up shortly

G7 states want to limit 'risk exposure' to China but would still invest in supply supply chains there, German Chancellor Olaf Scholz said on Sunday; Quad leaders also met in Hiroshima

The G7 joint statement is not hostile and nothing in it should come as a surprise to China, given the concerns of G7 members are "well known" to Beijing, a US official said

Industry insiders say Chinese security officials issued explicit warnings in recent years on areas to avoid in corporate investigations, and the 'off limits' disputed region was one of them

Wang Wentao is expected to meet his counterpart Gina Raimondo before travelling to Detroit for a meeting of APEC trade ministers and talks with US Trade Rep Katherine Tai

The development comes at a time when the US is increasingly urging its allies to work together to counter China's chips and advanced technology development

Wang Weibao, who was indicted by the US this week for stealing sensitive technology, stole “the entirety of Apple’s 'autonomous' source code”

A $2.6 billion share sale, if approved by China’s securities watchdog, would follow a capital raising rush by Chinese chipmakers in the face of US sanctions

The indictment was part of five cases centred on allegations concerning the theft of trade secrets and other technology, of which two others relate to China