Huawei an instrument of Chinese government: U.S. Secretary of State

U.S., Secretary of State Mike Pompeo made these comments on live television in an interview on Fox Business Network. With China’s government threatening to restrict the sale of rare earth to the U.S., Secretary of State Mike Pompeo kept up the pressure on Huawei Technologies Co Ltd saying telecom equipment maker takes orders from Beijing.…

Huawei suit against U.S. Government likely to be dismissed

The similarities between the November 2018 Kaspersky Lab’s case, which was dismissed, with Huawei’s lawsuit increases the likelihood that it will meet the same fate. On Thursday, controversial Chinese telecoms equipment maker Huawei Technologies Co Ltd confirmed that it is suing the U.S. government over a section of a defense bill which became law in…

New Zealand will independently asses risk of using Huawei’s 5G equipment

Dismissing reports that New Zealand will adopt Britain’s approach, Prime Minister Jacinda Ardern stated, Wellington would independently assess the risk of using China’s Huawei Technologies in its 5G networks. On Monday, New Zealand’s Prime Minister Jacinda Ardern stated, Wellington would independently assess the risk of using China’s Huawei Technologies in its 5G networks. The development…

China’s electric vehicle policy will make it global automotive powerhouse

With Beijing’s policymakers and regulators intent on transitioning from fossil fuel powered vehicles to more electric vehicles, China is set to become the automotive powerhouses in the world. In a development aimed at accelerating the adoption of electric vehicles, automakers from across the globe are planning a $300 billion surge in their spending on electric…

Alibaba aiming to make Belgium e-commerce trade hub

The strategic move will see the Chinese giant increase its footprint in the lucrative EU market. On Wednesday, Alibaba Group Holding Ltd stated it has signed an agreement with the Belgium government to launch an e-commerce trade hub. The move will include investments in logistics infrastructure. The strategic move is part of Alibaba’s Electronic World…

Airbnb’s sleepover at Great Wall of China meets regulatory wall

Airbnb has been quick to withdraw the promotion for its users in China saying it respects and understood the Chinese government’s stance. Airbnb’s novel marketing scheme in China hit a regulatory wall following its promotions of offering sleepovers on the Great Wall of China. Last week, the U.S. short term rental service firm had asked…