Prices of the key EV battery metal have already tumbled close to 80% this year with supply outpacing the rise in demand
A bill requiring US companies to notify federal agencies of investment in Chinese technologies is opposed by a key lawmaker who believes Washington needs to invest more in its rival
“Passive investment will likely outpace active investment in China over the next three to five years at least,” one investment manager said
The closure of the lab is the latest internal change at Alibaba, which surprised investors earlier this month by scrapping its plan to spin-off its cloud business
The spike in infections poses fresh risks for the Chinese economy which is still struggling to emerge from the economic hit from two-years of of Covid-related lockdowns and restrictions
Spot lithium prices in the world's top producer of the battery metal were effectively down close to 80% year-on-year
The crisis at Zhongzhi threatens to reignite concerns that China's property debt crisis is spilling over into the country’s broader financial sector
The properties, located in The Peak, one of the most prestigious neighbourhoods in Hong Kong, are valued at more than $192 million
The People's Bank of China said the deal "will help strengthen financial cooperation" and "expand the use of local currencies"
While the Chinese president’s US visit didn't do much to ease the weight of Washington's chip sanctions on the world's second-largest economy, it did manage to score several brownie points
"The shelving is a surprise and makes us wonder if there are issues behind the scenes that we aren't aware of," one analyst said, but news that Jack Ma's family trust was selling shares likely also hurt the stock
Tencent is the second large Chinese technology company to look for domestic alternatives to Nvidia amid tightening US sanctions