Search results for "HUAWEI"

China cuts taxes to spur semiconductor development

China announced tax breaks Monday to spur growth of its semiconductor industry following U.S. sanctions that alarmed the ruling Communist Party by cutting off access to American processor chips for tech giant Huawei and some other companies. Leaders declared accelerating efforts to transform China into a self-reliant “technology power” to be this year’s top economic […]

The gate of China Europe ‍international business school

China looked to Europe as an amicable partner as the continent’s leaders resisted being drawn into President Donald Trump’s conflicts with Beijing over trade, technology and human rights. On Monday, that image shattered when the European Union joined Washington, Britain and Canada in imposing sanctions on Chinese officials over accusations they abused ethnic minorities. Beijing […]

China slams US plan to expel phone carriers in tech clash

China’s government on Thursday called on Washington to drop efforts to expel three state-owned Chinese phone companies from the United States in a new clash over technology and security. The Federal Communications Commission voted Wednesday to begin revoking the companies’ U.S. licenses. It said they are security risks controlled by the communist Beijing government. The […]

Canadian tried in China on spy charges, no verdict announced

China on Friday put on trial one of two Canadians held for more than two years in apparent retaliation for Canada’s arrest of a senior Chinese telecom executive. Canada said its consular officials were refused permission to attend the proceedings against Michael Spavor, who is accused by China of stealing state secrets. Jim Nickel, the […]

Chinese hacker group attempts to steal 5G secret from telcos, McAfee reports

Cybersecurity researchers at U.S.-based security firm McAfee uncovered Tuesday a cyber espionage campaign targeting telcos around the world attempting to steal 5G technology secrets. According to the McAfee, the hacker campaign – dubbed Operation Dianxun and originating from China – was done using malicious downloads to steal sensitive 5G data from compromised victims, primarily telecoms […]

U.S. judge lifts CCMC ban on Xiaomi

A U.S. federal judge rolled back on a Department of Defense ban on investments in Chinese budget smartphone maker Xiaomi, citing insufficient evidence that the company posed a national security threat. On Friday, U.S. District Judge Rudolph Contreras said that the court had found the Department of Defense (DoD) had “not made the case that […]

China sets growth target 'over 6%,' tightening HK control

China’s No. 2 leader set a healthy economic growth target Friday and vowed to make this nation self-reliant in technology amid tension with Washington and Europe over trade and human rights. Another official announced plans to tighten control over Hong Kong by reducing the public’s role in government. The ruling Communist Party aims for growth […]

China, looking post-virus, to push tech autonomy at Congress

Chinese leaders are shifting focus from the coronavirus back to long-term goals of making China a technology leader at this year’s highest-profile political event, the meeting of its ceremonial legislature, amid tension with Washington and Europe over trade, Hong Kong and human rights. The National People’s Congress, which opens Friday, has no real power. But […]