Beijing "resolutely opposes" the US restrictions, after the Biden administration explains the 'narrow subsets' of its move and likely outcomes for various sectors in 2024, when the new rules will start

Chinese tech giants Baidu, Tencent, Alibaba and Bytedance have placed orders worth $5 billion with Nvidia for its top AI chips and GPUs, but it is unclear if these items will be affected by the latest White House order

But the draft Cyberspace Administration of China rules also allow broad use for ‘national security’ purposes

The US is expected to target private equity, venture capital and joint venture investments in China in chips, quantum computing and AI; firms will have to report that activity, sources say

Customs data on Tuesday showed imports dropped 12.4% in July year-on-year, while exports were down 14.5% amid weak demand both at home and abroad

Two sources said briefings were expected on Monday, with the announcement on Tuesday, while a former official said the US should be prepared for retaliation by Beijing

Analysts say a review by Congress of stock holdings in BlackRock funds could lead to a wider crackdown on US investment in China funds

The move on Thursday could hit companies such as Apple, Dell and Samsung hard. Indeed, it appears aimed at forcing them to manufacture their products locally.

The world's largest crypto exchange withdrew from mainland China in 2017 during a regulatory crackdown, but the country is allegedly still the biggest source of its trading, a new report says

A spokesperson for China’s Defence ministry said the US must stop all forms of “military collusion” with Taiwan, saying Taiwan is a core Chinese interest that must not be crossed.

Once an illustrious Chinese technology giant, Ant is emerging from a near three-year-long regulatory crackdown that started with the shelving of its planned mega listing in 2020

The 500,000-square-foot campus, set to be built in the tech hub of Bengaluru, will be the US chipmaker's largest in the world