The US order comes after TSMC notified the Commerce Department that a chip had been found in a Huawei AI processor.

World’s biggest contract chipmaker acts to ensure it is in line with US restrictions on Chinese access to latest processors

China has approved a six trillion yuan ($837 billion) plan to bolster its ailing economy by allowing local governments to swap out their hidden debt, unveiling additional stimulus measures to counter a potentially volatile growth path marked by the impending return of Donald Trump to the White House.

China is expected to announce much-anticipated steps to boost its flagging economy at the end of this week's meeting of its legislature on Friday.

China summoned the Philippines' ambassador on Friday to express its objection to two new laws in the Southeast Asian nation asserting maritime rights and sovereignty over disputed areas of the South China Sea,

The footwear- and accessory-maker says it already has a plan in place to reduce its reliance on imports from China.

President-elect Donald Trump has promised steep across-the-board tariffs on imports to the United States, with a particularly significant tax on goods coming from China. One US company, just two days after Trump’s reelection,