U.S. stock index futures rose on Tuesday as investors geared up for quarterly earnings reports from the big U.S. banks to provide clues on corporate America’s expectations for the pace of an economic … (…
Monthly Archives For July 2020
China posts first import growth since pandemic, exports also up
Exports also rose unexpectedly, up 0.5%, suggesting global demand is starting to pick up again as many countries begin to ease tough anti-virus measures that have pushed the world’s economy into its … ( read…
Dow Jones: Trump Administration Rejects Beijing’s South China Sea Claims; China To Sanction Lockheed Martin, Covid-19 Stock Rally Soars
The S&P 500 and the Dow futures are also under the influence of the news that the Trump administration has further escalated the already existing tensions with China. ( read original story …)
Japan accuses China of spreading ‘propaganda’ and ‘disinformation’ during coronavirus pandemic
The ‘disinformation’ from China included online claims that the virus was brought to the country by a US military member and that Chinese herbal remedies could treat the disease, Japan claimed. ( read original story…
UK to purge Huawei from 5G by 2027, angering China and pleasing Trump
Prime Minister Boris Johnson ordered Huawei equipment to be purged completely from Britain’s 5G network by 2027, risking the ire of China by signalling that the world’s biggest telecoms equipment … ( read original story…
Caught in ‘Ideological Spiral,’ U.S. and China Drift Toward Cold War
Relations are in free fall. Lines are being drawn. As the two superpowers clash over technology, territory and clout, a new geopolitical era is dawning. ( read original story …)
Is Huawei a bargaining chip in the US-China trade war?
It is in the West’s interest that every technology platform has Western values … US was in violation of the existing trade deal with China when it imposed restrictions on China’s US business. ( read…
China Retaliates Against Lockheed Martin for Taiwan Parts Sale
China will impose unspecified sanctions on defense contractor Lockheed Martin Corp. after the U.S. approved a possible $620 million deal to supply missile parts to Taiwan, marking the latest in a … ( read original…
China Theatens to Sanction Lockheed Martin Over Taiwan Arms Deal
China said it plans to sanction Lockheed Martin over its role in a $620 million U.S. arms package for Taiwan, Beijing’s latest retaliatory gesture amid mounting pressure from Washington. ( read original story …)
After months of U.S. pressure, U.K. bans China’s Huawei from its 5G network
Washington says Huawei is a security risk because it alleges the company could be used by the Chinese government to spy on the West. ( read original story …)
Britain bans China’s Huawei, handing US big win
Britain on Tuesday bowed to US pressure and approved the phased removal of Chinese telecoms giant Huawei from its 5G network despite warnings of retaliation from Beijing. The policy reversal hands a m … (…
U.K. Bans Huawei From 5G Network, Raising Tensions With China
Banning the use of the Chinese tech giant’s equipment in high-speed wireless infrastructure is a major reversal by Prime Minister Boris Johnson — and a big victory for the Trump administration. ( read original story…
U.S. says most of China’s claims in South China Sea are unlawful
“The world will not allow Beijing to treat the South China Sea as its maritime empire,” Secretary of State Mike Pompeo said. ( read original story …)
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