Chinese state media says the development could lead to “overwhelmingly unfavourable consequences” for Taiwan and global chip supply chains

The app and its Chinese parent have maintained that selling off US operations was not possible as it would be a complicated process that would also be prohibited by Beijing

Despite the Biden Administration’s push to finalise those rules, however, their implementation will come down to President-elect Donald Trump who takes office in a little over a week

Huang’s statements triggered an $8 billion meltdown in the four biggest quantum computing shares in the US

A brutal price war between automakers and millions of dollars worth of government subsidies fuelled a record boom in sales of EVs in China last year

Brazilian authorities probing BYD’s labour practices in the country say the carmaker brought hundreds of Chinese workers on irregular visas to build the factory

This is the second time BYD has overtaken Tesla as the world’s biggest seller of electric vehicles in a quarter

The incoming US president described his Chinese counterpart as a strong and powerful man, adding that they were both already communicating through aides

Japan's top steel maker said the US government's reviewing process and the decisions over its acquisition proposal for US Steel did not seem properly handled

The US Commerce Department said it was concerned about ‘adversaries’ remotely accessing and manipulating drones

Despite the sales bump, though, Tesla is still close to losing its top global EV-seller crown to Chinese rival BYD

The recall, announced last month, affects 22,883 EV9 electric SUVs Kia built between September 2023 and October 2024