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…
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China Retaliates Against Lockheed Martin for Taiwan Parts Sale
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 …)
Bowing to U.S. Pressure, U.K. Bans 5G Equipment From China’s Huawei Over Security Concerns
Existing Huawei equipment also will be stripped from the U.K.’s entire 5G network by 2027. The ban comes amid growing global concerns over the security implications of Chinese technology. On Sunday, … ( read original…
China Gas Holdings: New Business And FY2021 Guidance Draw Attention
China Gas’ new LPG micro pipeline network business could be a medium-term growth driver, with a FY2021 target of 500,000 residential household connections versus a 90 million addressable market. ( read original story …)
Dow Jones: Trump Administration Rejects Beijing’s South China Sea Claims; China To Sanction Lockheed Martin, Covid-19 Stock Rally Slides
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 …)
Breakingviews – Corona Capital: Macau, Ocado, Hong Kong watches
Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights. ( read original story …)
UK set to ban Huawei from 5G, angering China and pleasing Trump
Prime Minister Boris Johnson is set to ban Huawei from Britain’s 5G network on Tuesday, angering China but delighting U.S. President Donald Trump by signalling that the world’s biggest telecoms … ( read original story…
Huawei decision: UK ‘right to stand up to China’
The chairman of the Commons defence committee accuses Beijing of “taking advantage” of the West. ( read original story …)
Japan says China is using the coronavirus crisis to gain strategic superiority
Japan’s government says China is using the coronavirus crisis to expand its influence and take strategic superiority. ( read original story …)