Top universities and research institutes in China have been spending large sums on advanced US computer chips designed by Nvidia to power artificial intelligence research work.
The move by Beijing is seen as a bid gain more leverage over some of the world's biggest mining conglomerates
Many funds in Hong Kong have cut exposure to China stocks and taken positions in US companies or Southeast Asia, portfolio managers say
China’s economy slowed sharply in the second quarter due to widespread lockdowns. Now, a nascent third-quarter recovery in the world's second-largest economy appears in danger of stalling.
Senior CSRC official says China will implement its audit deal with the US and take more measures to open its markets, while putting Chinese firms' offshore listings in a uniform framework.
Market watchers say the latest ban is likely to affect a swathe of Chinese tech companies including giants such as Alibaba Group, Tencent Holdings, Baidu, and Huawei Technologies.
Most Asian markets slipped on Wednesday as investor worries about monetary tightening were inflamed by strong US jobs data. But stocks in Korea edged up slightly
Toyota now plans to outlay $3.9 billion on an EV battery plant in North Carolina, it said on Wednesday, partly because of rising consumer demand.
E-commerce giants, plus Yum China and their auditors have been told they will be among the first companies whose books are inspected by PCAOB regulators in Hong Kong next month
Russian tourists have been using Chinese credit cards to withdraw cash from automatic teller machines in Finland since Covid border restrictions eased on July 1
US regulators were cautious about the deal signed with China on Friday, which will allow initial audits of US-listed Chinese firms in Hong Kong from mid-September
Production hubs in China have seen output hit by Covid-related lockdowns in Shanghai. There is also deep concern about the impact of growing tensions between the US and China.