The move will significantly impact the operations and earnings of dozens of Chinese companies including Megvii Technology Ltd, SenseTime Group Ltd and Chinese public security bureaus and sets the tone for U.S.-China trade negotiations.
high technology
Beijing will use trade war to replace imports, promote local industry, accelerate development of high-tech industry: state media
Clearly not amused by Trump’s escalation of the trade war, China’s state-owned media tabloids have a positive stance that tries to exploit the trade war to Beijing’s advantage. It is to be seen whether China is willing to walk the… Read More ›
Donald Trump aims to target Chinese IT, consumer electronics and telecom goods in latest push to balance bilateral trade
While the U.S. Administration’s effort to reign in China’s aggressive trade policy which aims to subplant foreign technologies with domestic ones, it will have to streamline its apprach since its imposition of metal tariffs have largely undermined support from Europe…. Read More ›
China’s growing assertiveness rekindles German fears of foreign firms accessing its high-tech know-how
Geely’s agressive moves to access German sensitive high technology underscores a broader Chinese strategy of one-sided trade: attempts by German companies to gain full control over Chinese companies have repeatedly come to nought since it remains prohibited. China’s Geely’s purchase… Read More ›
Bipartisan bill introduced aimed at toughening rules for foreign investment in the U.S.
The bipartisan bill will strengthen the reach of CFIUS while strengthening U.S national security and preserving U.S. open investment policy. The Trump Administration has lent its weight to a bipartisan bill making its round in the U.S. Congress, which is… Read More ›