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.

Sandwiched between Russia and China, Mongolia has cultivated allies – like the US – in a bid reinforce its independence, but its economy relies heavily on its giant neighbours

Some of the biggest rare-earth companies outside of China are facing challenges in refining elements for the green energy transition

VW and automaker FAW Group could "buy" a platform of EV technologies from Leapmotor, according to the state-backed news-site. Meanwhile, BYD is facing a tax probe in India.

Some city governments have hindered developers' access to tens of billions of dollars from property sales as the economy weakened in the second quarter

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

More than 1,400 funds were deregistered early in the year, due to rules on private funds' operational irregularities, such as incorrect or incomplete information disclosure

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.

India and Thailand are contenders for production sites for a small electric vehicle made by Foxconn's Mobility in Harmony, CEO Jack Cheng said

China's Caixin/S&P Global manufacturing purchasing managers' index data fell to negative territory, while Japan, South Korea, Taiwan and Vietnam also saw factory activity contract

Frugality is becoming endemic in China as financial insecurity forces the country's white collar workforce to spend less and save more

Three scientists say they were able to produce a superconductor, dubbed LK-99, via a modified form of lead apatite, that 'conducts power at any temperature below 127C without pressure chambers', but experts are sceptical