Economy Minister Robert Habeck, of the Greens, said on Tuesday he was leaning towards not allowing the deal, which would give China a stake in critical German infrastructure.

The Bank of Japan conducted a rate check on Wednesday, in possible preparation for currency intervention, Nikkei reported. The yen has falled around 20% so far this year.

The US is considering sanctions against China to try to deter it from invading Taiwan, while Taipei has lobbied the European Union to do the same

Taiwan's Globalwafers will start work in November on the first silicon wafer facility built in the US in more than two decades.

A statement from the Duma said a top Beijing official assured them "China understands and supports Russia on issues that represent its vital interests, in particular the situation in Ukraine"

The deepening partnership between rising superpower China and resources-rich Russia has Western leaders worried

The move followed concern that Imperial's research facilities were aiding China's latest army jets and high performance batteries, The Guardian said.

Covid lockdowns could lead to China's oil demand contracting for the first time in two decades

The European push for a ban on products made from forced labour follows a similar move in the US, which focused on commodities from Xinjiang province.

Indonesia may join India and China in buying cheap Russian crude because of pressure of rising costs, President Joko Widow has said

From next month US companies that export chipmaking equipment to Chinese factories that produce advanced chips with sub-14nn processes will require a government licence

The world’s No1 and No3 economies also face other issues as the global economy struggles to recover after two years of Covid disruptions