Chinese tech giants, including Alibaba, ByteDance and Baidu, had placed orders worth billions for 2024 and Nvidia had planned to deliver some of them by mid-November

Beijing said the ban was an abuse of national power, adding that it was imposed without any real evidence

The Southeast Asian nation already does chip packaging and testing for US giant Intel, but wants to build its first fab for basic chips in coming years

Support from the state 'Big Fund' is part of a $5.3bn capital expansion by Changxin Xinqiao, a leading memory chip firm in Hefei, as China expands its production capacity and R&D

The squeeze on business profits was underscored by factory gate prices contracting sharply this month, a sub-index in the PMI survey showed

The electric vehicle giant continues to preserve its domestic market leadership despite softer demand and increased competition

New order will require developers of AI systems that pose risks to security, the economy, health or safety to share test results, while officials set standards for key chemical, biological, radiological, nuclear, and cyber risks

The Biden administration sees direct leader-level engagement with Xi as particularly important in managing US-China tensions

A Hong Kong judge said a decision on whether to wind up the debt-laden developer would be made on December 4, so the firm needs a revised restructuring plan before that date

Wang, who is in the US until Saturday, is also set to meet Biden's national security adviser, Jake Sullivan, at the White House

A push since last year to replace all Western equipment in critical sectors with domestic alternatives 'has re-drawn entire sub-sectors' of China's software industry

"If China’s near-term growth were to slow by another percentage point, this would reduce 2030 coal demand by an amount almost equal to the volume currently consumed by the whole of Europe."