The Latest Breaking News from China

China has criticized the latest U.S. decision to tighten export controls that would make it harder for China to obtain and manufacture advanced computing chips, calling it a violation of international economic and trade rules that will “isolate and backfire” on the U.S. The Foreign Ministry spokesperson accused the U.S.…

New U.S. export controls targeting Chinese chip manufacturers are an abuse of trade measures and designed to maintain the country's "technological hegemony", China's foreign ministry spokesperson Mao Ning said on Saturday.

Volkswagen Group has the potential to crush Tesla on EVs worldwide, but it has been plagued with software issues. A reported joint venture in China could help.

The Biden administration announced new restrictions on China’s access to U.S. semiconductor technology, escalating tensions between the two countries and adding fresh complications to an industry reeling from a slump in demand.

The Commerce Department is tightening export controls to limit China’s ability to get advanced computing chips, develop and maintain supercomputers, and make advanced semiconductors

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TikTok parent ByteDance Ltd saw its operating losses more than triple last year to above $7 billion as it spent heavily to continue its torrid growth, the Wall Street Journal reports citing financial info shared with employees. ByteDance also produced an operating profit in the first quarter of 2022, the report showed. ByteDance has closely…

Tesla is already set to have its biggest quarter ever as it pushes to the end of 2022. Now that Q4 has arrived, the EV maker is cranking out exports from China.

The Biden administration announced new restrictions on China’s access to U.S. semiconductor technology, adding measures aimed at stopping Beijing’s push to develop its own chip industry and advance the country’s military capabilities.