The development follows the Dutch government’s announcement that it would restrict exports of critical chipmaking technology to protect national security

For Chinese customers, the restrictions would mean “that their ability to pursue leading-edge nodes development will be significantly curtailed," Citi analyst Amit Harchandani said

Artificial intelligence firms targeted by the US are reportedly using third parties to get around chip export controls

The Netherlands considers it necessary on national security grounds to get this technology into oversight with the greatest of speed, the Dutch trade minister said

TikTok hit back saying any “US ban on TikTok is a ban on the export of American culture and values to the billion-plus people who use our service worldwide”

China's foreign minister warns that Taiwan is an internal issue solely for Chinese people and that mishandling the issue would rock US-China relations

Companies winning US chips subsidies would be barred from joint ventures or expansion in ‘foreign countries of concern’ like China for 10 years

Anger simmers over threats of more sanctions, with Foreign Minister Qin Gang warning that suppressing China will end in "conflict or confrontation" if the US does not change tack

Asked about new US bill to ban some foreign tech such as TikTok, China's spokeswoman said the US was trying to deprive it of developmental rights and perpetuate its own hegemony

Billionaire investment boss says his money is stuck in a bank in Shanghai. He advised investors to be "very, very careful" about investing in an economy under a tight government grip

A US Treasury report said a programme to block US investment going to advanced tech sectors in countries deemed to be a potential security threat would cost $10 million, if set up this year

New US rules are expected to cover private-equity and venture-capital investments in advanced semiconductors, supercomputing and some forms of artificial intelligence