The US government has ramped up sanctions and restrictions on Chinese firms over Beijings actions in the disputed South China Sea, and the security threat posed by technology. ( read original story …)
TECHNOLOGY
US Clamps Down On China Tech, Blacklists CNOOC
The US government on Thursday ramped up sanctions and restrictions on Chinese firms over Beijing’s actions in the disputed South China Sea, and the security threat posed by technology. In a wide … ( read…
Cheat sheet: MIT professor charged with hiding work for China
Gang Chen did not disclose his connections to China as is required on federal grant applications, US authorities said. ( read original story …)
US Blacklists China’s CNOOC, S&P Deletes From Stock Indices
The US government on Thursday ramped up sanctions against China over its actions in the disputed South China Sea, targeting state oil giant CNOOC. The Commerce Department added CNOOC to its blacklist … ( read…
ASML CEO sees U.S.-China trade antagonism outlasting Trump
ASML CEO Peter Wennink expects further antagonism between the United States and China over semiconductor technology, even as a new administration is set to take over in Washington, he told the Reuters … ( read…
US backs away from latest China tech investment ban
Reuters reported US Treasury Secretary Steven Mnuchin pushed for a softer approach to the president’s crackdown on Chinese companies, and the plan had been scrapped. The Wall Street Journal wrote last … ( read original…
China to allow driverless car tests on highways, putting it in the same lane as US, Germany and UK
MIIT says it is allowing driverless testing on highways because there is strong demand and the technology is improving. ( read original story …)
China’s export growth beats expectations on resilient global demand
Chinese exports grew more than expected in December, customs data showed on Thursday, as coronavirus disruptions around the world fuelled demand for Chinese goods even as a stronger yuan made … ( read original story…
‘Gathering storm’: EU firms say US-China decoupling is hurting
Rivalry between US and China in tech is the biggest source of concern, European business groups say in a new report. ( read original story …)
La Liga signs China Mobile deal
Chinese telco China Mobile has signed a content deal with La Liga which will run until the 2022/23 season. China Mobile will now carry top flight football ma … ( read original story …)
Why Trump’s attempt to delist China from US will backfire
The China delistings have begun. This week, the New York Stock Exchange expelled three Chinese telecom companies to implement President Donald Trump’s November order that bars Americans from buying … ( read original story …)
Trump’s China Investing Ban Spurs Broad Wall Street Pullback
Two months after Donald Trump issued an executive order banning U.S. investments in Chinese military-linked companies –- and more than a day after it took effect — the financial industry is still … ( read…
Worsening U.S.-China Tensions Put Companies in Crosshairs
The Trump administration’s final days are proving as confounding as ever for companies and investors stuck in the middle of an increasingly contentious U.S.-China relationship. ( read original story …)
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