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‘Big Fund’ completes its largest round to date with makers of equipment for chip factories expected to be main beneficiaries

Approval from Home Office had been granted on condition of perimeter for part of Tower Hamlets site

Beijing accuses alliance of ‘lies and smears’ and warns it to stay out of Asia

Formal ousting of Li Shangfu part of sweeping purge of senior military leaders

Beijing has room to more strictly enforce export controls and step up pressure on US companies

Beijing bans export of materials used in semiconductors and batteries

Tariff salvo on US agricultural goods, Greenland goes to the polls and investors discover if buying Lego is still fun

Also in this newsletter: Britain loses out on high-spending tourists, Apple overtakes Samsung in the smartphone market, US retail sales rose more than expected in December

Premier Li tells business leaders Beijing chooses to pursue globalisation and multilateralism

Rush of shipments preceded escalation of trade war between world’s two biggest economies