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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]
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. [...]