Category

Trade War

A ‘capital war’ is accelerating between the US and China, and the coronavirus pandemic is only making it worse, according to one investor Trade War

A ‘capital war’ is accelerating between the US and China, and the coronavirus pandemic is only making it worse, according to one investor

REUTERS/Kevin Lamarque The coronavirus pandemic is accelerating a capital war between the US and China, Michael Howell, the CEO of CrossBorder Capital, said in a Tuesday interview with CNBC. "The decision to share dollar swap lines with 14 other nations, effectively forming a de facto group of 15 countries, including…
bubmag
May 27, 2020
Following new Huawei attack, China mulling moves against Apple and Qualcomm Trade War

Following new Huawei attack, China mulling moves against Apple and Qualcomm

Source: Android CentralWhat you need to knowChina is mulling over retaliatory measures against the U.S., following its move to cut off Huawei's access to crucial semiconductor suppliers. Reports suggest it's considering launching investigations against U.S. companies. Apple, Boeing, Cisco, and Qualcomm have all been named as potential targets. The trade…
bubmag
May 18, 2020
As Jack Ma and SoftBank part ways, the open and globalized era of tech comes ever closer to an end Trade War

As Jack Ma and SoftBank part ways, the open and globalized era of tech comes ever closer to an end

It would be one of the greatest startup investments of all time. Masayoshi Son, riding high in the klieg lights of the 1990s dot-com bubble, invested $20 million dollars into a fledgling Hong Kong-based startup called Alibaba. That $20 million investment into the Chinese e-commerce business would go on to…
bubmag
May 18, 2020
China pushed back on the United States to stop ‘unreasonable suppression’ of Huawei and other Chinese businesses Trade War

China pushed back on the United States to stop ‘unreasonable suppression’ of Huawei and other Chinese businesses

China's foreign ministry said on Saturday it would defend companies like Huawei against "unreasonable suppression" from the US.A Chinese newspaper said the government was ready to retaliate against Washington after President Donald Trump's administration moved to block global chip supplies to the blacklisted telecoms company.Tensions between the world's two largest…
bubmag
May 17, 2020
China asks U.S. to stop ‘unreasonable suppression’ of Huawei Trade War

China asks U.S. to stop ‘unreasonable suppression’ of Huawei

(Reuters) — China’s foreign ministry said on Saturday the United States needed to stop the “unreasonable suppression” of Chinese companies like Huawei, and a Chinese newspaper said the government was ready to retaliate against Washington. The Trump administration on Friday moved to block global chip supplies to blacklisted telecoms equipment…
bubmag
May 17, 2020
China asks US to stop ‘unreasonable suppression’ of Huawei Trade War

China asks US to stop ‘unreasonable suppression’ of Huawei

The Trump administration has moved to block global chip supplies to Huawei Technologies China's foreign ministry said on Saturday the United States needed to stop the "unreasonable suppression" of Chinese companies like Huawei, and a Chinese newspaper said the government was ready to retaliate against Washington. The Trump administration on…
bubmag
May 16, 2020