Tesla paid 222.42 million yuan ($31.13 million) for use rights to a 19.7-hectare (48.7 acres) plot in Shanghai for $31.13 million

The new facility to be built in Szeged, in southern Hungary, China's biggest carmaker by sales, said on Friday

China exported some 1.63 million vehicles to Europe in the first 10 months of this year, but attacks on ships in the Red Sea mean it will now take longer for their EVs to reach EU ports

The new rules, which effectively set spending limits for online games, dealt a big blow to the world's biggest gaming market. Tencent shares tumbled 12.3%, while Netease plunged 24%

The Tesla battery supplier said they decided “not to move forward with developing the site” which would have been its third US factory

From chartering cargo planes to pairing sea and land transport, exporters are making desperate plans to ensure toys, apparel, tea and auto parts reach retailers

China moves to maintain dominance of rare earths sector, by banning the export of production technology for rare earth metals and alloy materials, plus tech linked to some rare earth magnets

Chinese leader warned Biden at their summit in San Francisco "that Beijing will reunify Taiwan with mainland China but that the timing has not yet been decided"

US lawmakers discussed raising tariffs on Chinese EVs amid reports that Chinese carmakers plan to build factories in Mexico and export cheap vehicles across the border

Chinese car exporters are expected to suffer negative impacts as more shippers avoid the Red Sea and opt to sail around Africa to avoid attacks by pro-Palestine militants in Yemen

Wu now leads the overall group as well as its two most important business divisions – cloud and domestic e-commerce

Companies are put on the 'Unverified List' when US export control officers cannot complete on-site visits to find out if they can be trusted to receive US-origin technology and other goods