Chief Financial Officer Meng Wanzhou … or services from Huawei and Chinese telecoms firm ZTE in next-generation 5G networks. On Thursday, China’s Commerce Ministry hit back. “If the United States … ( read original story…
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Trump says ‘dangerous’ Huawei could be included in U.S.-China trade deal
Indian smartphone brands are crumbling under pressure from Chinese players
Intex, once India’s second-largest mobile handset brand, has signalled an exit. The New Delhi-based firm reportedly hasn’t launched any new product in recent months and restricted its sales to … ( read original story …)
China ramps up war of rhetoric in trade standoff with U.S.
Negotiations over how to cut the huge, longstanding U.S. trade deficit with China and resolve complaints over Beijing’s methods for acquiring advanced foreign technologies foundered earlier this month … ( read original story …)
Latest Arena for China’s Growing Global Ambitions: The Arctic
Want climate news in your inbox? Sign up here for Climate Fwd:, our email newsletter. ROVANIEMI, Finland — The Arctic is thawing, and China is seizing the chance to expand its influence in the north.…
China accuses U.S. of ‘fabricating various lies’ as trade war escalates
BEIJING — Stepping up Beijing’s propaganda offensive in the tariffs standoff with Washington, Chinese state media on Friday accused the U.S. of seeking to “colonize global business” with moves against … ( read original story…
Chinese regulator to take over Baoshang Bank due to credit risks
BEIJING (Reuters) – China’s financial regulators said on Friday the country’s banking and insurance regulator will take control of Inner Mongolia-based Baoshang Bank due to the serious credit risks it … ( read original story…
It is Legal to Buy Bitcoin in China Despite a Crypto Ban
The People’s Republic of China has been making headlines in the crypto space for its strict outlook on the crypto ecosystem, especially regarding the blanket on the trading of cryptos. However, … ( read original…
UPDATE 1-Chinese regulator to take over Baoshang Bank due to credit risks
BEIJING, May 24 (Reuters) – China’s central bank said on Friday that the country’s banking and insurance regulator will assume control of Inner Mongolia-based Baoshang Bank due to the serious credit … ( read original…
Chinese Media Attacks Steve Bannon over Huawei Ban, Brands Him an ‘Economic Fascist’
China’s state media has hit back at Steve Bannon—a former senior adviser to President Donald Trump—after the right-wing ideologue came out in support of his former boss’s ban on communications company … ( read original…
China to support airlines seeking compensation from Boeing
BEIJING — China’s airline industry association has thrown its support behind 13 Chinese carriers seeking compensation from Boeing for groundings of the 737 Max 8. The China Air Transport Association … ( read original story…
China financial futures exchange publishes rules on risk reserves
Investors are rushing into the relative safe haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet. President Donald Trump on Thursday directed the U.S. intelligence … ( read original…
China denounces U.S. ‘rumors’ and ‘lies’ about Huawei ties to Beijing
BEIJING (Reuters) – China on Friday denounced U.S. Secretary of State Mike Pompeo for fabricating rumors after he said the chief executive of China’s Huawei Technologies Co Ltd was lying about his … ( read…
China media accuses U.S. of plot to ‘colonize global business’
BEIJING — China’s state media has unleashed fresh attacks on the U.S. as the tariff war between world’s two largest economies continues. The China Daily newspaper on Friday accused Washington of … ( read original…
