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 Post subject: Re: The International Trade (War) Thread
PostPosted: Fri Dec 07, 2018 12:20 pm 
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tulip wrote:
There was an incident discovered earlier in the year where a lot of US Internet traffic from one of their Telco's was being routed through China Telecom and then back. It appears they have become quite brazen of late. I'll see if I can find the link.

Australia and NZ have banned Huawei equipment from 5G telecoms due to security risk
and a new law in China requires any domestic firm to assist the government when asked


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 Post subject: Re: The International Trade (War) Thread
PostPosted: Sat Dec 08, 2018 12:28 am 
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This is the rumour doing the rounds in China regarding what is going on with Huawei CFO.

Quote:
THE HUAWEI KIDNAPPING: MORE THAN MEETS THE EYE?

There may be a lot more than meets the eye in Canada’s shock arrest, at US behest, of Huawei’s CFO and heir apparent Meng Wanzhou (link below).

Chinese sources have assembled the following facts:

• April 2017: A director of Chinese tech giant Huawei personally escorts famed Shanghai-born physicist Zhang Shoucheng from the latter’s hotel in Shenzhen. Jackson & Wood Professor of Physics at Stanford University, Zhang was in town to attend an IT summit.

• Sept. 2018: Prof. Zhang receives a European physics award, one of his many honors. His work in quantum physics is expected to revolutionize the global semiconductor industry. Yang Zhenning, the first Chinese scientist to receive the Nobel Physics Prize (1957), had predicted that Zhang would be the next one.

• Dec. 1, 2018: Prof. Zhang and Meng Wanzhou are expected to attend a dinner in Argentina, where the G20 summit is being held.

• Dec. 1, 2018: On her way there, Meng is arrested in transit by the Canadian government.

• Dec. 1, 2018: Prof. Zhang falls to his death from a building in the US, allegedly a suicide. Said to be suffering from depression, he was 55.

• Dec. 1, 2018: A nighttime fire breaks out at a factory of Holland’s ASML, the world’s leading manufacturer of extreme ultraviolet (EUV) lithography technology. EUV is crucial to the production of the next generation of semi-conductors, which US and Chinese tech firms as well as Korea’s Samsung are competing to be first to bring to market. Leading Chinese semiconductor producer SMIC is known to have ordered EUV technology worth US$120 million from ASML, for scheduled delivery early in 2019. After the fire, ASML announced that it expected delays in shipments of its products, notably early 2019.

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 Post subject: Re: The International Trade (War) Thread
PostPosted: Mon Dec 10, 2018 11:52 am 
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https://news.yahoo.com/us-general-googl ... 44501.html

Quote:
US general has a question for Google: Why will you work with China but not us?
.............
Dunford, who’s also the chairman of the Joint Chiefs of Staff.
He also added, according to various reports of his comments: “I’m not sure that people at Google will enjoy a world order that is informed by the norms and standards of Russia or China.”
Dunbar’s comments echoed remarks along these same lines also today from US Sen. Mark Warner of Virgina, who spoke at an event hosted by the Center for New American Security. “It’s pretty amazing to me that Google is actually looking to work with China to develop a censored version of its search engine in China,” Warner said . “Today China’s cyber and censorship infrastructure is the envy of authoritarian regimes around the world. China is now exporting both its technology and its cyber-sovereignty doctrine to countries like Venezuela, Ethiopia, and Pakistan.”
.................
Meanwhile, Google earlier this year backed out of a $10 billion cloud computing contract with the US Defense Department after employees internally revolted over working with the military to do things like help them analyze aerial drone imagery.


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 Post subject: Re: The International Trade (War) Thread
PostPosted: Tue Dec 11, 2018 4:01 pm 
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Japan follows US not far behind.

Quote:
Japan bans Huawei and ZTE 5G networking hardware; will Canada be next?

If 5G equipment bans from the United States, Australia, and New Zealand weren’t enough this year, Huawei will end 2018 on an even worse note: Kyodo News reports that Japan’s government has decided to block the Chinese company and its smaller rival ZTE from network hardware procurement. Not coincidentally, Canadian authorities are publicly discussing a similar ban following last week’s arrest of Huawei’s CFO.

Read More Here - https://venturebeat.com/2018/12/10/japa ... a-be-next/


I saw it noted Nokia share price has gained as an affect of the news of competitors difficulties, not sure how true that is but might be something in it with the 5G race. - https://www.marketwatch.com/investing/stock/NOK

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 Post subject: Re: The International Trade (War) Thread
PostPosted: Tue Jan 01, 2019 6:00 am 
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https://www.telegraph.co.uk/business/20 ... pens-asia/

Quote:
China is sliding into a manufacturing recession as a wave of bond defaults sweep through the corporate sector, signalling yet further trouble for the battered global economy.

The official PMI survey for December slumped below the boom-bust line to 49.4. New export orders slid to crisis levels of 46.6 last seen in the depths of the Chinese currency scare of 2015.

“The worst is yet to come,” said the Japanese bank Nomura. An autumn boost from Chinese exporters is fading: they have already front-loaded shipments to the US to beat a possible jump in tariffs by the Trump administration.


https://www.reuters.com/article/us-chin ... SKCN1OU01C
Quote:
China’s factory activity contracted for the first time in over two years in December, highlighting the challenges facing Beijing as it seeks to end a bruising trade war with Washington and reduce the risk of a sharper economic slowdown in 2019.


https://www.scmp.com/economy/china-econ ... acts-first
Quote:
Drop in manufacturing activity partly offset by stronger service sector


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 Post subject: Re: The International Trade (War) Thread
PostPosted: Wed Jan 02, 2019 4:58 am 
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Quote:
Chinese manufacturing had an even worse December than expected, more data show

•Results of a private survey on China's manufacturing for the month of December showed factory activity contracted amid a trade dispute with the U.S.
•The Caixin/Markit Manufacturing Purchasing Managers' index (PMI), a private survey, fell to 49.7 in December from 50.2 in November.

https://www.cnbc.com/2019/01/02/china-r ... index.html


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