A US official also told a Congressional hearing that some tech shipments to China’s blacklisted telecom equipment maker Huawei were “under assessment”
US Investments in Chinese AI companies totalled $40.2 billion from 2015 to 2021, making up for 37% of the total raised by the firms in the six-year period
Huawei has been unable to acquire new integrated circuits after US trade sanctions cut-off its access to chips produced using US technology anywhere in the world
The JCV-SenseTime partnership highlights SoftBank's difficult balancing act as boss Masayoshi Son tries to position his conglomerate as a neutral player
SenseTime's Hong Kong-listed shares recovered to be 43% down at noon HK time, after investors engaged in profit-taking.
Commerce Secretary Gina Raimondo said the US was working to "get information around bad actors in China and adding those companies to the Entity List" to restrict their access to US exports
Chinese stocks tumbled on the back of news that the United States’ Commerce Department announced the addition of eight companies to its investment blacklist, including drone company DJI Technology. We look at what this means for US investors.
Shares plunged nearly 20% on Wednesday after a report that Washington was considering blacklisting Chinese biotechnology groups
Health and tech firms tumbled after an FT report that the US will add eight more Chinese firms, including DJI, the large commercial drone maker, and biotech firms, to government blacklists
Commerce Secretary Gina Raimondo says listings prevent US technology from supporting Chinese and Russian "military advancement"