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 … (…
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Britain bans China’s Huawei, handing US big win
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 …)
South China Sea Dispute: US Rejects China’s Maritime Claims As Illegal
The U.S. has formally rejected many Chinese claims to small islands and other territories in the South China Sea. Calling the claims illegal instead of coercive increases justification for the U.S. to … ( read…
Stock futures trade cautiously on bank earnings, China tensions
U.S. equity futures are trading between gains and losses heading into the Tuesday’s Wall Street session. GET FOX BUSINESS ON THE GO BY CLICKING HERE A trio of big financial names will report results … (…
China has just contained the coronavirus. Now it’s battling some of the worst floods in decades
Weeks of torrential rains have caused the worst flooding in China in recent decades, destroying the homes and livelihoods of millions of people as the country struggles to revive an … ( read original story…
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