Last week, the Federal Communications Commission rejected China Mobile Ltd.’s bid to provide phone service in the U.S., citing national security concerns about the company controlled by Beijing. The … ( read original story …)
Monthly Archives For May 2019
China tech firm to sell gay dating app Grindr after US pressure
One of China’s biggest mobile gaming companies said it would sell gay dating app Grindr following pressure from US authorities concerned over the potential misuse of the app’s data by the Chinese … ( read…
Trump Moves to Limit Huawei as Trade War With China Intensifies
U.S. officials say Huawei can build vulnerabilities, or backdoors, into equipment. Last week, the U.S. Federal Communications Commission barred China Mobile Ltd. from the U.S. market over national … ( read original story …)
Trump Moves to Limit Huawei as Trade War With China Intensifies
(Bloomberg) — Donald Trump ratcheted up his battle with China for dominance of 5G technology networks, moving to curb Huawei Technologies Co.’s access to the U.S. market and American suppliers. The … ( read original…
Apple’s China tariff trade-off: raise iPhone prices or watch profit margins drop
A new round of tariffs proposed by the U.S. on Monday — which would go into effect in late June, at the earliest — includes mobile phones. That means the iPhone, Apple’s most important product…
Secret Bond Deals Making China’s Debt Market More Confusing
S&P, which in January won a license to rate China’s onshore bonds, mainly relies on local financial data providers and the clearing houses to help monitor defaults. “Some such cases are recognized as … (…
China and US agree to keep talking trade
The US Trade Representative’s office said it planned to hold a public hearing next month on the possibility of imposing duties of up to 25 per cent on a further $US300 billion worth of imports…
China Cuts U.S. Treasury Holdings to Lowest Level Since 2017
The data preceded the recent deepening of the trade war between the U.S. and China that’s rattled financial markets and cast a shadow over the global economy. Both sides slapped new tariffs on the ……
The Luckin Coffee IPO: What You Need To Know
A young coffee chain is trying to become the “Starbucks of China,” and it wants to give your income a little kick. The IPO Luckin Coffee Inc. will issue 30 million shares on the Nasdaq…
‘Still a lot of work to do’: Steven Mnuchin expects to visit Beijing ‘in near future’ for US-China trade talks
He has led trade negotiations with Beijing alongside US Trade Representative Robert Lighthizer. Speaking at a subcommittee of the Senate Appropriations Committee, Mnuchin said he will attend a meeting … ( read original story …)
No easy options for China as trade war, U.S. pressure bite
The State Council Information Office, finance ministry and commerce ministry did not immediately respond to Reuters’ requests for comment. Of the retaliatory options available to China, none come … ( read original story …)
Why new U.S.-China tariffs ‘will have no impact on the real heart of the problem’
Even though trade tensions between the U.S. and China have been heating up lately … and they’re developing that technology faster than we can,” he said on Yahoo Finance’s The First Trade. This, in ……
How foreign groups fare in China’s slowing two-track economy
China’s biggest economic slowdown in three decades is provoking angst among companies that have become used to its booming economic expansion. The pain is not evenly spread, however, as a Financial … ( read original…
