In a statement China’s anti-graft watchdog said, a former president of a domestic branch of Bank of China who is a suspect in an embezzlement, has been repatriated to China after fleeing to the U.S.. In a statement China’s Central… Read More ›
theft
Quad nations agree to collaborate on securing rare earth metals
Australia, Japan, India and the United States, will collaborate to secure rare earth metals which are critical to the production of a wide array of goods ranging from fifth generation fighter jets, to smartphones, and electric cars, said Japan’s the… Read More ›
Coronavirus having cascading effect on South Korean supply chains
China’s coronavirus is dealing blow after blow to South Korean multinational giant LG Electronics Inc, an Apple Inc supplier. The initial outbreak forced LG to shutter its China factory for almost three weeks to help contain the spread of the… Read More ›
China not stepping up in trade negotiations: Trump
In a warning shot, U.S. President Donald Trump sent a clear message to China when he said, a U.S.-China trade deal is still elusive because Beijing still thinks it can get away with stealing U.S. intellectual property and is not… Read More ›
Bipartisan bill introduced in U.S. Congress targeting Huawei Technologies Co Ltd
The bipartisan legislation essentially boils down to Senator Tom Cotton’s notion that “American companies shouldn’t be in the business of selling our enemies the tools they’ll use to spy on Americans”. In a significant development, members of the U.S. Senate… Read More ›
Bi-partisan bills targeting Chinese companies in non-compliance with U.S. sanctions or export control laws being introduced in the U.S
Headwinds facing Huawei Technologies and ZTE Corp is likely to shoot up to gale force. In a development that comes in the wake of federal prosecutors investigating alleged stealing of trade secrets by Huawei from T-Mobile and other businesses, a… Read More ›
Success of U.S.-China trade talks will hinge on verification and effective enforcement on pledges
During earlier negotiations, although Beijing has made wide ranging commitments, it has taken its own sweet time, at times more than a decade, to implement its pledges. Unless China walks the talk, negotiations are unlikely to be fruitful. China’s pledges… Read More ›
The Chinese ‘business model’
There are a growing number of instances where Chinese companies are luring top executives with large sums of money to leak and sell corporate and industrial secrets so that they can set up base in China. Former and past BASF… Read More ›
China to publish white paper on trade war with U.S.
Xinhua’s report has not provided any details other than the the time the report is set to be published and that it will include “facts and China’s position”. On Monday, China’s official Xinhua news agency reported that Beijing’s state council… Read More ›
U.S. Federal prosecutors zero in on Goldman Sach’s role in $4 billion 1MDB fraud
U.S. federal prosecutors are zeroing in on a former Goldman Sachs banker who worked closely on the 1MDB deal. As per a report from New York Times, U.S. prosecutors are investigating whether Goldman Sachs Group Inc played any role in… Read More ›