China is currently the world’s dominant supplier of clean technologies, and the EU has been uneasy over its dependence on Beijing for them

The tax credit rules were aimed at lowering the US’ reliance on China's supply chains and could hurt America's hope of becoming a 'global leader' in electric vehicles, critics say

A Trump aide said the president-elect 'appreciates the breadth and reach of TikTok' and that there were 'many ways to hold China to account'

The move, which will have far-reaching consequences for China’s semiconductor supply chains and tech giants, came after US officials visited Taiwan last week

The decision comes after last year Ottawa began reviewing TikTok's plan to invest and expand its business in Canada

Stocks in Hong Kong and currencies across Asia took sharp hits over Trump’s comeback but tech shares in Japan and India jumped

Despite stalled talks between both the sides, it is unlikely that Beijing would want to torpedo its ties with the EU given its trade with the US is already hurt by geopolitics

Shenzhen-listed shares of the carmaker were up 5.74% at close of trade on Monday, while its Hong Kong-listed stock was up 3.53%

The directive comes as, starting Wednesday, Chinese electric vehicles heading to Europe will be subject to tariffs as high as 45.3%

TSMC was a key supplier for China's Huawei until 2020 when Washington introduced new rules that barred the firm from continuing to do so

The group accused Intel of undermining China's interests and threatening its national security despite having "made a lot of money" in the country

Electric vehicle sales in China 'could be a record every month until the end of the year'