China

Microsoft WARNS US Crackdown on China’s Huawei Could Backfire
Earlier this month, a report by the Information Technology and Innovation Foundation issued a warning that a clampdown on US tech exports would put as much as $56 billion in export revenue and 74,000 jobs at risk over the next five years. [...]
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Stealth-Shmelth: China Says It Can Track F-35s Operating in Stealth Mode With New Radar
The US military has marketed its new $1.5 trillion fifth-generation fighter's stealth capabilities as one of its main features, along with its advanced avionics and sensor systems. [...]
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China to build ‘world-class’ military in new strategy as US ‘stirs up rivalry’ between major powers
The US erodes global security and seeks “absolute superiority,” but Beijing won’t follow the “beaten track” of big powers in seeking hegemony, focusing instead on having a “world-class” army, says a new Chinese military document. [...]
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Hell freezes over? New York Times wants closer relationship with Russia, congratulates Trump
The New York Times’ editorial board, fresh from peddling anti-Russia conspiracies for two years, has made a remarkable about-turn. Now the paper wants closer relations with the Kremlin, all to thwart China’s ambitions. [...]
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Huawei lays off 70% of American research unit staff amid ongoing US crackdown on Chinese firm
Huawei has laid off around 70 percent of staff at its Futurewei Technologies research arm in the US. Despite recent signals that Washington was easing pressure on the Chinese tech giant, the ban is still in force. [...]
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China’s Investments in US Plummet by Nearly 90 Percent Under Trump – Research
The nosedive comes against the background of the ongoing trade row between Beijing and Washington, which, however, showed signs of nearing a resolution late last month when President Trump announced that he will not impose new tariffs on China. [...]
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China bringing back Maritime Silk Road: RT doc looks inside world’s largest cargo port
The leader of the world’s container port rankings, Yangshan Port, works around the clock to secure its top position and boost China’s trade connections. RTD’s new film offers a glimpse inside the massive facility. [...]
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Pros & Cons of Quantum Computing: Will Huawei’s ‘Unhackable’ Networks Leave US Spies Unemployed?
Huawei is spearheading the quantum communication technology in a bid to build "unhackable" networks. Cyber security experts have discussed whether the tech giant's efforts would make US eavesdropping techniques, once described by Edward Snowden, obsolete. [...]
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No US, no problem! Russia-China trade set to double & reach $200 billion soon
The trade volume between Russia and China is expected to continue to accelerate and reach new heights, doubling the current record level of $108 billion, the Russian economy ministry says. [...]
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Huawei dominates global race to 5G, inking over 50 contracts despite US crackdown
Chinese telecom giant Huawei has secured more than 50 commercial contracts for 5G across the world, according to the company’s board member and Senior Vice President Catherine Chen, who was cited by news agency Xinhua. [...]
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Trump: My Plan B With China on Trade is to Reduce Business With China
The president earlier threatened to slap tariffs on the remaining $300 billion in Chinese goods coming into the United States unless Chinese President Xi Jinping agreed to meet with him at the G20 meeting in Osaka, Japan to hammer out a trade deal favourable to Washington. [...]
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Dollar dump? Russia & China agree to bilateral trade in national currencies during Putin-Xi meeting
Russia and China took another step away from the US dollar after the two countries agreed to develop bilateral trade using the ruble and the yuan. It was just one of the major deals reached after the presidents of the two countries, Vladimir Putin and Xi Jinping, held talks in Moscow on Wednesday. [...]
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Global recession within less than a year if Trump escalates trade war – Morgan Stanley
The worsening trade conflict between the world’s two largest economies, the United States and China, could send the global economy into recession within three fiscal quarters, research by investment bank Morgan Stanley has found. [...]
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Fall of empire? German businesses find China a more trustworthy partner than US or Britain
China has managed to outperform the US and the UK in a German ranking of the world’s most reliable trade partners, compiled from the latest survey of 2,000 German companies by Frankfurt-based Commerzbank. [...]
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Tit-for-tat: Beijing to draft ‘blacklist’ of foreign companies harming interests of Chinese firms
The Commerce Ministry of China has pledged to create a list of foreign individuals, corporations and institutions that are considered “unreliable” or that violate the interests of Chinese businesses, state media reports. [...]
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China’s retaliatory tariffs on $60bn of US products kick in
China’s tariffs targeting $60 billion of American imports have taken effect as part of a tit-for-tat response to Washington’s trade war which saw Beijing slapped with extra levies on $200 billion worth of exports back in May. [...]
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Washington’s Huawei hypocrisy… US government is instrument of American corporations
US Secretary of State Mike Pompeo doubled down on vilification of Сhinese telecoms giant Huawei as “an instrument of government” suggesting that the company was a national security threat by acting as an agent for Beijing. [...]
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Analyst on Huawei Case: US Seems to Realize that China is Getting Ahead of Game
China's Foreign Minister Wang Yi said that Beijing will take all necessary measures to defend the rights and interests of Chinese companies. Sputnik talked about Huawei’s lawsuit against the US government with Andrew Leung, an independent China strategist based in Hong Kong. [...]
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Patriot games: Chinese dump iPhones & switch to domestic Huawei devices amid US crackdown
A growing number of former Apple devotees in China have started switching from iPhones to domestic Huawei smartphones as trade and technology tensions escalate between Washington and Beijing. The South China Morning Post reported that consumers were spurred by a rising “nationalist sentiment” to support the Chinese tech giant which has been blacklisted by the US. [...]
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US trade deficit soars to decade high of $621 billion despite Trump pledge to bridge the gap
Despite the trade war against China and numerous import tariffs imposed on a number of countries, the US trade deficit hit a 10-year high of $621 billion last year, the US Commerce Department reported. [...]
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‘Stupid economics’: Attack on Huawei tells world to avoid doing business with US – Prof. Wolff
The US has underestimated the consequences of the attack on Chinese telecom giant Huawei as it sends a strong signal for the rest of the world to avoid dealing with such an unstable partner, professor Richard Wolff believes. [...]
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Washington and Wall Street wake up to the reality that Beijing is happy to walk away
As Wall Street reels from the shock of a trade war exploding to new heights in the form of tariffs and counter tariffs, there’s another reality that is setting in — that China seems happy to walk away from trade talks. [...]
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