The energy subsidies are part of China’s larger push to subsidise its AI and semiconductor industries. Its outlay for AI alone is expected to reach $98 billion this year.

French politicians, retailers and regulators have waged a campaign to oppose Shein's expansion, seeking to protect high street retailers ahead of tough new legislation on online platforms, which Shein has fought against

Under the deal, Boyu will hold up to 60% of a new joint venture, while Starbucks will hold 40% and continue to license the brand and its intellectual property

China is seeking to woo foreign visitors, to revive its tourism sector and boost foreign engagement at a time when it is struggling with high US tariffs

America's top court will hear the fight against Trump's tariffs this week; an adverse ruling could be messy, but analysts say he would just use other avenues to achieve the same goal

Hong Kong's Securities and Futures Commission will relax rules to allow locally licensed virtual asset trading platforms to share global order books with affiliates overseas

US President's comments suggest he may impose tighter restrictions on cutting-edge American AI chips than US officials previously indicated

Dutch chipmaker suspends supplies of wafers to its Guangdong assembly plant amid concern its technology could be stolen by its Chinese owner. The row has inflamed fears on the supply of chips to carmakers worldwide

A survey of factory activity in October reveals worst contraction in 6 months, as export orders dropped after a long period of front-loading to beat US tariffs

Trump says 'amazing' Busan summit rated 12 out of 10. The two sides agreed to lift agricultural trade, pause port fees and deal with issues in the US TikTok sale

China has published its five-year development plan for 2026-2030 and for the first time in 15 years, new energy vehicles are not included in its list of strategic emerging industries

Tariff deal nearly finalized, Trump says, with $350bn worth of investment in US to be split into bundles, plus extensive help to reinvigorate US shipbuilding