Reuters

China Says it is Concerned about 'Worsening' Situation in Ukraine

China is concerned about the “worsening” situation in Ukraine, Foreign Minister Wang Yi said on Tuesday, repeating his call for all parties to show restraint and resolve differences through dialogue. The legitimate security concerns of any country should be respected, Wang, who is also a Chinese state counselor, told U.S. Secretary of State Antony Blinken […]

Ericsson Informed U.S. DoJ in 2019 about Iraq Probe - Sources

Ericsson informed the U.S. Department of Justice (DoJ) about an internal investigation into payments in Iraq when it signed a Deferred Prosecution Agreement (DPA) in 2019 to settle separate corruption probes, sources familiar with the matter said. The Swedish company’s shares fell 14 percent on Wednesday over concerns that it might be subject to another […]

China Allows COVID Boosters of Different Technologies Than Primary Shots

China is giving COVID-19 booster vaccines using technologies different from the initial injections, in an effort to improve immunisation strategies amid concerns that its most-used jabs appeared to be weaker against variants such as Omicron. Boosting population immunity could be crucial to preparing China to eventually reopen its borders and pivot from its “dynamic zero” […]

U.S. Adds E-Commerce Sites Operated by Tencent, Alibaba to 'Notorious Markets' List

E-commerce sites operated by China’s Tencent Holdings Ltd and Alibaba Group Holding Ltd were included on the U.S. government’s latest “notorious markets” list, the U.S. Trade Representative’s office said on Thursday. The list identifies 42 online markets and 35 physical markets that are reported to engage in or facilitate substantial trademark counterfeiting or copyright piracy. […]

Six African Countries to Receive mRNA Vaccine Technology in WHO Project

The World Health Organization said on Friday six African countries – Egypt, Kenya, Nigeria, Senegal, South Africa and Tunisia – would be the first on the continent to receive the technology needed to produce mRNA vaccines. The technology transfer project, launched last year, aims to help low- and middle-income countries manufacture mRNA vaccines at scale […]

EU Challenges China at WTO over Telecom Patent Protection

The European Union launched a legal challenge against China at the World Trade Organization on Friday over what it says is a Chinese failure to allow European companies to protect their patents for telecoms technology. The European Commission, which filed the challenge on behalf of the EU’s 27 members, said EU companies were being prevented […]

Huawei to Invest $632 Million to Build New Digital Energy HQ in Shenzhen

Huawei Technologies will spend 4 billion yuan ($632.52 million) to build a new headquarters and R&D centre for its digital power unit, according to local media reports, as the Chinese telecoms giant diversifies amid U.S. pressure. Huawei Digital Power signed an agreement on Thursday with the local government of the southern metropolis of Shenzhen, where […]