US President Donald Trump has predicted the US and UK will reach agreement over Chinese telecommunications giant Huawei, which has been at the centre of a security row between the Western allies.
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A temporary ban on Huawei researchers editing and reviewing scientific papers has been lifted by one of the world’s biggest engineering bodies.
Huawei Technologies is selling its majority slice of its global submarine cable division, exiting the business of laying undersea piping for the Internet just weeks after the Trump administration blocked it from buying American technology.
Spare a thought for Chinese officials trying to read Donald Trump as the showdown intensifies between the world’s two largest economies.
Fears are growing throughout Asia that a clash of superpowers will end up hurting smaller nations, many of which rely on exports to fuel the economic growth that provides jobs for millions of people.
China will establish a list of so-called “unreliable” entities in order to target firms it says damage the interests of domestic companies, according to an announcement carried by state media on Friday.
The Institute of Electrical and Electronics Engineers announced this week that scientists affiliated with Huawei will no longer be permitted to serve as referees or editors for papers published in its journals.
Beijing is gearing up to use its dominance of rare earths to hit back in its deepening trade war with Washington.
Apple’s earnings could fall 26% in its 2020 financial year if China bans sales of the iPhone, according to Cowen, the latest firm to paint a dramatic picture of the technology giant’s risk.
Huawei has filed a motion in a US court challenging the constitutionality of a law that limits its sales of telecommunications equipment, the latest action in an ongoing clash with Washington.