 
 
							Among major backers of the chip designer is smartphone giant Xiaomi, which won approval last month from China's state planner to manufacture electric vehicles
 
 
							Chinese Premier told a summit of Southeast Asian leaders it was important to oppose taking sides, to avoid bloc confrontation or a new Cold War; after talks on the South China Sea made no progress yet again
 
 
							Analysts expect more debate in the US on the effectiveness of chip curbs and the possibility of Congress including harsher sanctions in a competition bill it is preparing against China
 
 
							Beijing's decision to send Premier Li Qiang to the September 9-10 summit instead of Xi is another blow to already tense relations between the two countries
 
 
							Opposition MPs are calling for an inquiry into a disputed weapons shipment from China in March last year, amid concerns of increased militarization of the island chain
 
 
							UK data analysis company Logically claims the Chinese government and state media have orchestrated a news campaign against Japan
 
 
							The development follows sanctions-hit Huawei's success in building an advanced 7-nanometer processor, in collaboration with state-backed SMIC
 
 
							But analysts warned China might struggle to move the needle into the green any time soon amid uncertain household income expectations
 
 
							Data from the Kyiv School of Economics showed China's 'Big Four' state banks increased their exposure to Russia from $2.2 billion to $9.7 billion in the 14 months since the war in Ukraine started
 
 
							Payments of $22.5 million were wired before the end of a 30-day grace period, according to a source close to the company. But a further $162m is due this year on offshore bonds
 
 
							The Chinese electric vehicle outfit’s president said the firm is aiming to take on European automakers on their home turf
 
 
							Reports that Huawei's latest smartphone has 5G capabilities has sparked questions on the effectiveness of US sanctions and whether chip curbs on China should be expanded