The new brand will be an addition to Yangwang, a premium brand set for launch in the first quarter of 2023 that it announced last month

The US has added dozens of firms to its trade blacklist in a bid to curb China's military, human rights abuses, and block suppliers of the Russian military

US regulators say American auditors have got the green light to inspect the books of US-listed firms in China for the first time, after trial inspections in Hong Kong several months ago

Despite the cryptocurrency sector’s recent troubles, the larger of the two funds has pulled in $53.9 million

But another banking giant ING is less optimistic about China’s recovery prospects and fears the loosening of Covid-19 curbs won’t be enough to revive the economy

Xi wants China and Russia to transact more deals in rubles and yuan to insulate the two against future Western sanctions

The decision signals a degree of renewed cooperation between the world's two largest economies which are locked in a heated trade and technology war

YMTC is likely to be added to the US Commerce Department's 'Entity List', which bars American firms from selling technology to companies unless they get an export licence, sources have said

Taiwan's National Science and Technology Council says it will fund research on laser-plasma interactions and magnetically confined high-temperature plasmas, following US discovery

There are fears of severe health impacts and major economic disruption as Beijing and other cities are experiencing huge waves of Covid cases

With China’s tech industry under pressure, Washington is worried Beijing may turn to a tactic it used in the solar panel and 5G telecom industries

The development means that Chinese tech giant Alibaba will not be able to buy Arm’s latest Neoverse V series, as its advanced capacity is blocked by US and UK export controls