The updated chip export rules are expected to add restrictions and close loopholes in those unveiled late last year, which angered Beijing and strained relations with Washington

Taiwan is investigating four firms accused of conducting business with companies linked to US-sanctioned Huawei in China, saying it will soon unveil tighter rules on 'key technologies'

Geopolitical tension, war in Ukraine, climate change, security concerns and surging inflation have eroded faith in globalisation and respect for global trade rules among world powers

US officials have forewarned Beijing, in a bid to stabilize tense ties with China, that the Commerce Ministry is working on an update of chip export controls imposed by the US last year

The move by major companies to reduce production in China has boosted inflation, but the western shift to 'friendly shores' has been positive for countries like India and Vietnam

The extension would mark an end to business uncertainty for South Korea’s Samsung Electronics and SK Hynix who have invested billions in their chip fabs in China

"What kind of move is this?" one Weibo user said, as the Chinese telecom giant's much anticipated product event failed to give any new details on its 'sanctions-defeating' Mate 60 series

The announcement came after customs data showed China had completely blocked its exports of germanium and gallium products in August

Washington’s ‘Chips and Science’ law will offer huge subsidies for US semiconductor production, research and workforce development

Top South Korean chipmakers Samsung and SK Hynix currently have permits to import US chip-making equipment into China, where they have extensive production facilities

China exported no wrought germanium products last month, compared to 8.63 metric tons in July when volumes doubled from June as foreign buyers rushed to lock in supply ahead of export curbs

The deal will allow the vast Japanese conglomerate, which has been plagued by scandals and controversies in recent years, to become a private entity and one that is back in local hands