China slams US over Huawei blacklisting as Macron warns of ‘tech war’

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

China opposes U.S. move to blacklist telecom giant Huawei

The crackdown on Huawei came as US treasury secretary Steven Mnuchin said he would visit China soon for more trade discussions. Hopes for a deal to end a trade war were thrown into doubt after the world’s two biggest economies increased tariffs on each other’s goods in the past week.

“China has emphasised many times that the concept of national security should not be abused, and that it should not be used as a tool for trade protectionism,” Gao Feng, spokesperson at the Chinese commerce ministry, told reporters. “China will take all the necessary measures to resolutely safeguard the legitimate rights of Chinese firms.”

He added that he had no information on any plans for a US trade delegation to visit China at present.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China hits back at US, announcing tariffs on $60bn worth of US goodsGlobal markets are on red alert as the trade war threatens to shatter global economic growth
Source: BDliveSA - 🏆 12. / 63 Read more »

Huawei is not controlled by China, executive saysHuawei is a private company that is not controlled by the Chinese government and would refuse to hand over information to Beijing although no such request has been made, the firm's Vice President of Western Europe said on Tuesday. Untrue, Chinese government uses your data of that country to spy and look for business opportunities especially steel, oil, gas business
Source: TimesLIVE - 🏆 28. / 59 Read more »

Huawei is not controlled by China, executive saysThe US told allies not to use Huawei’s technology to build new 5G telecommunications networks because of concerns it could be a vehicle for Chinese spying.
Source: ewnupdates - 🏆 30. / 53 Read more »

Business Maverick: Trump Moves to Limit Huawei as Trade War With China IntensifiesDonald Trump ratcheted up his battle with China for dominance of 5G technology networks, moving to curb Huawei Technologies Co.’s access to the U.S. market and American suppliers.
Source: dailymaverick - 🏆 3. / 84 Read more »

Asian shares slip after US blacklists HuaweiMarkets fall after steadying earlier on news that Washington may delay auto tariffs on Europe and Japan
Source: BDliveSA - 🏆 12. / 63 Read more »

Gold steady as trade worries resurfaceUS sanctions on China’s Huawei sour hopes for a lull in spat
Source: BDliveSA - 🏆 12. / 63 Read more »

Newsdeck: U.S. blacklists China’s Huawei as trade dispute clouds global outlookWASHINGTON, May 15 (Reuters) - The Trump administration hit Chinese telecoms giant Huawei with severe sanctions on Wednesday, adding another incendiary element to the U.S.-China trade dispute just as Treasury Secretary Steven Mnuchin said he would visit China soon for more talks.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Trump Warns China to Act on U.S. Trade Deal or Face Worse TermsPresident Donald Trump said it would be wise for China to “act now” to finish a trade deal with the U.S., warning that “far worse” terms would be on offer for them after what he predicted would be his certain re-election in 2020.
Source: dailymaverick - 🏆 3. / 84 Read more »

Trump warns China not to retaliate against US trade tariffsPresident Donald Trump on Monday warned China not to retaliate after Washington raised punitive duties on $200 billion worth of Chinese imports to 25 percent from 10 percent. Lol 😂 has this nutcase really no brains? China is one country that can retaliate the bullying of the US. Why? Worse for who really? From where I stand CHINA looks ok
Source: TimesLIVE - 🏆 28. / 59 Read more »

Tense future for US-China ties, with or without trade dealThe United States faces a growing challenge to its lone superpower status from a Communist-ruled China whose global influence, military might and high-tech capabilities are rapidly rising.
Source: ewnupdates - 🏆 30. / 53 Read more »

Newsdeck: Trump says the U.S. is ‘right where we want to be with China’WASHINGTON, May 12 (Reuters) - President Donald Trump said on Sunday that the United States is 'right where we want to be with China,' adding that Beijing 'broke the deal with us' and then sought to renegotiate.
Source: dailymaverick - 🏆 3. / 84 Read more »