CHL is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 9.92 right now. For comparison, its industry sports an…
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U.S. moves to cut Huawei off from global chip suppliers as China eyes retaliation
The Trump administration on Friday moved to block global chip supplies to blacklisted telecoms equipment giant Huawei Technologies [HWT.UL], spurring fears of Chinese retaliation and hammering shares … ( read original story …)
U.S. Bars China’s Huawei From Purchasing Critical Materials Made Using American Technology
Commerce Secretary Wilbur Ross reprimanded the company as the announcement was made Friday. “This is not how a responsible global corporate citizen behaves,” Ross said. ( read original story …)
Can China be sued in the U.S. and forced to pay for coronavirus losses? Legal experts say no
Though President Trump and other conservatives blame China for the enormous damage inflicted here by the coronavirus, legal experts say the recent efforts to sue Beijing in U.S. courts for the … ( read original…
Taiwan Declines China’s Condition to Take Part in World Health Organization Again
Beijing wants Taipei to acknowledge Taiwan is part of China as a condition for participation in international institutions such as the World Health Organization and its annual assembly. ( read original story …)
U.S. Throws Down Gauntlet to China With Mozambique Gas Mega-Loan
U.S. President Donald Trump’s sparring with China is playing out in an unlikely new arena: the sandy turf of northern Mozambique, one of the world’s poorest countries. ( read original story …)
China unveils financial plan for Hong Kong, Macau to spur tighter embrace of Greater Bay Area master plan
China’s central bank and financial regulators unveiled a sweeping plan to spur cross-border financial services, transactions and investments between Hong Kong, Macau and nine Guangdong provincial … ( read original story …)
Taiwan must accept Chinese status to attend WHO assembly, says Beijing
Chinese diplomats have asked European states to deny support for Taiwan’s attendance … ( read original story …)
Blockchain Bites: Will Enterprise Blockchain Find a ‘Killer App’ or Be Killed?
IBM, We.Trade and Microsoft executives spoke about the trials and tribulations of capitalizing on enterprise-grade blockchain at Consensus: Distributed. ( read original story …)
China-bashing won’t solve the US’s problems with China
Attacks on China by both political parties risk unnecessarily turning China into an enemy, which will ultimately harm our own interests. ( read original story …)
Asia shares down on week as U.S.-China tensions rattle sentiment
Asian stocks edged up on Friday but were on course to end the week lower as deteriorating U.S.-China relations add to uncertainties over how fast economies can recover as they start to emerge from ……
Stocks decline amid China tensions, plunge in retail sales
Stocks fell in volatile trading Friday as Wall Street wrapped up its worst weekly performance since late March. Investors grappled with a slew of economic reports as well as increasing tensions … ( read original…
Post-Pandemic, Americans Souring On ‘Made In China’
Post-pandemic, you’re going to have a simmering pool of forces – companies that are going to look at the risk of being reliant on China, or being seen as making everything there. For consumers, that…
