CATL had been in the final stage of choosing between sites in South Carolina and Kentucky for battery production before Pelosi's controversial Taiwan trip

"China will teach the US a lesson again, as it will use US mistakes to comprehensively change the Taiwan Straits situation, just as it did in Hong Kong," an 'expert' was quoted as saying

The visit will do nothing to ease political gridlock for the planemaker, whose CEO said last week 737 MAX deliveries to China remain blocked by Covid and geopolitical tension

Experts say there could be major impacts, such as price surges, if Washington limits shipments of US chipmaking equipment to memory chip producers in China

Beijing suspended imports of fruit and fish from Taiwan on Wednesday and halted exports of sand, while also announcing 'disciplinary action' against four companies and two foundations

Video games designer is in talks to spin off its China unit amid concern over foreign data storage and interest in expanding to the metaverse

Most foreign attempts seeking even non-controlling stakes in US companies must get the green light from the Treasury Department CFIUS committee

Four Chinese companies based in Hong Kong, plus one in Singapore and one in the UAE have been targeted by a third round of US sanctions against firms trading in Iranian oil

The US Securities and Exchange Commission on Friday added Alibaba to a list of Chinese companies that could face delisting from US exchanges, triggering an 11% drop in its shares.

Move comes as talks to resolve the two-decades old dispute fail to deliver results and SEC continues adding names of non-compliant companies.

Some analysts have said the US tech giant could face a drop in demand given China's weak economy and the slump in smartphone sales in the second quarter.

The "Chips and Science" act provides about $52 billion in subsidies for US semiconductor production and an investment tax credit for chip plants estimated at $24 billion