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

Buffett has been trimming his stake in the electric vehicle and battery maker this year, with the first share sale reported in August

China is likely to roll out a fourth Covid shot – or second booster – this week for elderly citizens aged 60 and above, plus high-risk groups with serious underlying disease, the Global Times says.

"American chip manufacturers have no problem with China as a customer," ASML CEO Peter Wennink said