Huawei

China raises tariffs on US goods

China on Saturday increased tariffs on billions worth of United States (US) goods as it prepares to unveil a blacklist of "unreliable" foreign companies that analysts say aims to punish US and foreign firms cutting off supplies to telecoms giant Huawei.Beijing's move hits US$60 billion worth of US goods with new punitive tariffs ranging from five to 25 percent, and comes in retaliation for Washington raising duty on US$200 billion in Chinese goods to 25 percent.Washington and B

3 June 2019
0

Indonesia excited about 5G, but…

There is little doubt about it, the fifth-generation cellular network frequency (5G) is in our near future. The recent ruckus surrounding the United States (US) and China-based multinational company Huawei should only serve to remind us of how inevitable that fact really is.While the reception for 5G has largely been welcoming, the technology does not come without its own set of complications.

2 June 2019
0

Will China weaponise rare earths in tech war?

The United States (US) has hit China where it hurts by going after its telecom champion Huawei, but Beijing's control of the global supply of rare earths used in smartphones and electric cars gives it a powerful weapon in their escalating tech war.A seemingly routine visit by President Xi Jinping to a Chinese rare earths company this week is being widely read as an obvious threat that Beijing is standing ready for action."We should firmly grasp the strategic basis of technological i

26 May 2019
0

Huawei In US-China Trade War Crossfire

The United States (US) crackdown on Huawei has made the Chinese telecommunications giant the flashpoint in a monumental economic and technological showdown between the two superpowers that is testing allies of both.One day after the US moved to block Huawei from the US market and banned the export of US technology and materials to the company, China warned Washington on Thursday against further harming trade ties.At the same time, Beijing formally arrested two Canadians who have been detained

17 May 2019
0

US vows Philippines defence if attacked by China

United States (US) Secretary of State Mike Pompeo on Friday vowed to defend the Philippines against "armed attack" in the disputed South China Sea, in Washington's starkest warning yet against Chinese claims to most of the strategic waterway.Speaking in Manila after meeting with Philippine President Rodrigo Duterte, Pompeo said Beijing's actions in waters also claimed by the Southeast Asian nation and other neighbours were a threat."China's island-building and mi

2 March 2019
0

Arrested diplomacy

On 19 November, Carlos Ghosn, the board chair and former CEO of Nissan, was arrested at Tokyo’s Haneda Airport on suspicion of under-reporting income and misusing corporate funds for personal purposes; he remains in custody.

1 February 2019
0

Huawei fires employee detained in Poland

Huawei said Saturday it has fired a Chinese employee who was arrested in Poland on espionage allegations, as China's telecom giant distanced itself from the case amid Western concerns that it could act as a proxy for Chinese security services.This week's detention of Wang Weijing follows the December arrest of Huawei's chief financial officer (CFO) in Canada and United States (US) efforts to blacklist the company internationally over security concerns.While China's governm

13 January 2019
0

Apple cuts outlook amidst 'challenges'

Apple cut its revenue outlook for the latest quarter Wednesday, citing steeper-than-expected "economic deceleration" in China and emerging markets.The rare revenue warnings from Apple suggested weaker-than-anticipated sales of iPhones and other gadgetry, in part because of trade frictions between Washington and Beijing.Apple shares slid some 7.6 percent in after-hours trade on the news.The company slashed its revenue guidance for the first fiscal quarter of 2019, ended 29 December,

4 January 2019
0

Huawei CFO arrest risks Xi trade talks

The Trump administration arranged the arrest of Huawei Technologies Co.’s chief financial officer aware of potential blow-back in trade talks with Beijing but intent on showing resolve to crack down on Chinese companies accused of violating United States (US) law.The arrest happened about the same time that President Donald Trump dined with Chinese President Xi Jinping in Buenos Aires to discuss the trade war between the countries.White House National Security Adviser John Bolton, who sat at

7 December 2018
0