New film exposes links between Chinese regime and tech giant Huawei

U.S. 08/29/19, 13:39

A new film co-produced by former White House adviser Steve Bannon highlights the national security threat that Chinese tech giant Huawei poses to the United States. The film is inspired by the events that followed the arrest in Canada, at the request of the United States, of Huawei senior executive Meng ...

Huawei could try to sell phones from Mexico, warns U.S. intelligence

U.S. 08/16/19, 11:14

U.S. intelligence warned that Huawei would consider starting to market its devices by importing them from Mexico. The plan would be to send millions of smartphones to Mexico and then import them into the United States with other brands.  With this technique, known as "white labeling," the Chinese telecommunications giant would circumvent ...

Chinese regime to install giant surveillance system in Argentina

South America 07/06/19, 14:34

The northern province of Jujuy in Argentina signed a contract—for $30 million—with the Chinese technology company ZTE for a complex surveillance system that will make the streets "safer" according to Ekel Meyer, the province's security minister. Considering the claims by various countries for possible espionage threats by China's main technology companies, ...

Trump announces US-China trade truce, Huawei still on blacklist

U.S. 06/29/19, 09:09

President Donald Trump and Chinese leader Xi Jinping agreed Saturday, June 29 to a new cease-fire in a yearlong trade war between the two nations, but Huawei is still on the blacklist. During a 80-minute meeting with Xi, President Trump agreed not to proceed with plans to impose a 25 % ...

China media accuses US of plot to ‘colonize global business’

Business 05/24/19, 01:57

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 seeking to "colonize global business" by targeting Chinese firms. The Global Times accused the U.S. of "hegemonic hubris" and launching a "global assault" ...

Photos: Editor selections from the past week in Asia

Asia & Pacific 05/24/19, 01:33

A Nepalese woman lights a butter lamp during Buddha Jayanti, also known as Vesak, a festival marking the birthday, enlightenment and death of Gautama Buddha. In other images from the Asia-Pacific region this week, a police officer in Jakarta, Indonesia, fires his tear gas launcher at supporters of a losing presidential ...

Getting caught up with Huawei—Part 1 the issues

U.S. 05/23/19, 09:37

Huawei, has the third largest market share of smartphones worldwide, after Samsung and Apple. But for all its success on the world stage, it has not done well in the United States. But the world's second-biggest manufacturer of smartphones has just 2.4 percent of the mobile market share in the United ...

Asian shares slip as US-China spat takes center stage

Business 05/22/19, 22:35

Asian markets were broadly lower on Thursday as traders focused on tensions between the U.S. and China and braced for the impact of their tariff hikes. The Shanghai Composite index retreated 0.6% to 2,873.70 and Hong Kong's Hang Seng tumbled 1.2% to 27,376.69. The Kospi in South Korea was 0.2% lower ...

Markets Right Now: Stocks fall on trade, Qualcomm ruling

Business 05/22/19, 11:05

The latest on developments in financial markets (all times local): 11:55 a.m. Stocks are lower at midday Wednesday as investors eye developments in the U.S.-China trade dispute. Tech stocks declined. Efforts by the Trump administration to restrict technology sales to Chinese companies have caused volatility in shares of technology companies this week, particularly ...

China cuts taxes to spur chip makers in face of US pressure

Business 05/22/19, 05:56

China is cutting taxes on its fledgling software and integrated circuit industries as U.S. export controls threaten to handicap Chinese tech companies. The Finance Ministry's announcement Wednesday comes amid a spiraling tariff war with Washington over Chinese technology ambitions. Most smartphones, tablet computers and other electronics are assembled in China. But its ...

Will Huawei lose its No. 2 ranking?

Business 05/21/19, 15:12

Huawei could quickly lose its grip on its No. 2 ranking in worldwide cellphone sales after Google announced it would comply with U.S. government restrictions meant to punish the Chinese tech powerhouse. Anoshua Chaudhuri an economics professor at San Francisco State University said, "If they put a company on the entity ...

Google to comply with Huawei ban

U.S. 05/21/19, 12:05

Alphabet's Google has made it public that it will comply with President Trump's executive decision to ban Huawei from doing business with U.S. firms. Last week President Trump signed an executive order prohibiting certain kinds of technologies from being used in the USA from countries the USA deemed threats. The ban is ...

Huawei could be stripped of Google services after US ban

Business 05/20/19, 13:17

Huawei could lose its grip on the No. 2 ranking in worldwide cellphone sales after Google announced it would comply with U.S. government restrictions meant to punish the Chinese tech powerhouse. The Trump administration move, which effectively bars U.S. firms from selling components and software to Huawei, ups the ante in ...

Asian shares mixed as Huawei sanctions stir trade fears

Business 05/17/19, 01:57

Asian stocks were mixed on Friday amid worries that U.S. economic sanctions on Huawei may cast a pall on trade negotiations with China. These fears weighed heavily on Chinese benchmarks. The Shanghai composite gave up 2.7% to 2,876.90. Hong Kong's Hang Seng lost 1.2% to 27,932.31 and the A-share index on ...

Update: Germans, Dutch won’t ban Huawei despite US move

Europe 05/16/19, 08:49

The Latest on trade tensions between the U.S. and China (all times local): 9:45 p.m. The German and Dutch leaders are making clear that they don't plan to change their stance on Chinese telecommunications company Huawei following an executive order by the Trump administration apparently aimed at banning its equipment from U.S. ...

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