Bytedance would rather shut the app if it runs out of options to fight a forced sale of TikTok's US operations, group sources say, claiming its algorithm is too valuable

German firm Thyssenkrupp Decarbon Technologies has come up with a new process that captures 100% of carbon dioxide emissions

President Xi was reported to have told the top US diplomat that China and the US should be “partners, not rivals” and avoid engaging in “vicious competition.”

After Biden's swift presidential endorsement, attention is now turning to whether TikTok can win a legal fight against the divestment order

Washington has been lobbying the Dutch to prevent ASML from servicing some of the billions of euros worth of tools it has already sold to Chinese customers

Some 117 new models were unveiled – out of 278 new energy vehicles on display. It comes as EVs now account for half of all car sales in China.

Experts say that if a sale of TikTok does go through, it would be one of the most complicated and expensive transactions in history, requiring months if not years of due diligence

Shares jump 12% on news Tesla will make 'more affordable' EVs on its manufacturing lines, despite its first-quarter profit plunging by 55% amid protracted price-war and pressure from hybrids

Prosecutors say Zhao, who faces sentencing in a Seattle court next week, should serve 36 months in jail for serious money laundering offences. Meanwhile, a Binance exec is languishing in a jail in Nigeria amid a legal row over 'unpaid taxes' and other 'crimes'.

PricewaterhouseCoopers, one of the Big Four auditors, had been Evergrande’s auditor since 2009, when the developer listed in Hong Kong

Huawei looks set to become the No-1 smartphone seller in China this year, backed by the launch of its new series of high-end phones

Secretary of State Antony Blinken is set to fly to Beijing to outline this threat in a bid to stop China's financial backing for Russia's military production