Tag: China

## RCEP is China’s strategy to gain access to Indian market ##
30Jul By Brian ThompsonNo Comments
Market

## RCEP is China’s strategy to gain access to Indian market ##

The Government of India has decided “not to review” its stand to not join the Regional Comprehensive Economic Partnership (RCEP), which benefits China disproportionately and opens Indian market to economic threats, especially from Chinese preys.Despite claims that India’s decision is influenced by the initial inaction of China to curb the outbreak of the wide-spread coronavirus, and keeping its information hidden, and the unprovoked killing of 20 Indian soldiers by Chinese troops in a brutal clash on June 15, the Central government has maintained that the recent incidents do not have any bearing on India's decision to not join RCEP. The decision was based solely on economic reasons after multiple Ministerial discussions in November 2019.Most of the countries that are part of the RCEP, incl...
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Two Chinese hackers charged by US for targeting computer systems of companies developing COVID-19 vaccines
30Jul By Mike TrudellNo Comments
World

Two Chinese hackers charged by US for targeting computer systems of companies developing COVID-19 vaccines

Two Chinese hackers working with the Ministry of State Security have been charged with global computer intrusion campaign targeting intellectual property and confidential business information, including COVID-19 research, the US Department of Justice said.The indictment alleged that the two former computer engineers, identified as Li Xiaoyu, 34, and Dong Jiazhi, 33, conducted a hacking campaign lasting more than ten years, targeting companies in countries with high technology industries, including the United States, Australia, Belgium, Germany, Japan, Lithuania, the Netherlands, Spain, South Korea, Sweden, and the United Kingdom.It was also alleged that the two had hacked companies engaged in high-tech manufacturing, pharmaceuticals, and gaming software development, and with targeting diss...
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Canada to review $6.8 mn worth security equipment purchased from China
29Jul By Mike TrudellNo Comments
China, World

Canada to review $6.8 mn worth security equipment purchased from China

In yet another fallout for China, Canada has sought to review $6.8 million worth of security equipment purchased from a Beijing-based company that has been found to have connections with the highest levels of the Chinese Communist Party.According to media reports, Canada posted details that Beijing-based Nuctech, a company owned by the Chinese government and founded by the son of former General Secretary of the Chinese Communist Party, Hu Jintao, has been awarded a deal by Global Affairs Canada (GAC) to install X-ray scanning equipment and software systems to provide security for 170 Canadian embassies, consulates and high commissions worldwide.Foreign Minister Francois-Phillipe Champagne has promised to review "any possible issue relative to security or safety ... all appropriate actions ...
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Jammu & Kashmir joins ‘Boycott China’ campaign
29Jul By Joe RodriguezNo Comments
Asia, China

Jammu & Kashmir joins ‘Boycott China’ campaign

People in Jammu & Kashmir have now joined the rest of India in boycotting Chinese products and support ‘Make in India’ products after India lost 20 of its soldiers in Galwan valley clash with China on June 15.In Kashmir, people have donned ‘Boycott China face masks’ in protest against China’s expansionist policies. They also carried banners saying `let’s use Indian products’, `let’s Boycott China’ and `let’s build our nation’."China is a country, which has always cheated and backstabbed us. As per the direction of our government, we need to boycott all Chinese apps and other products. We should buy Make in India products," said Pritam Singh, local Corporator in Jammu.In support, Surinder Mahajan, president of Jammu's Rughnath Bazaar, said, "Boycott Chinese products is a good campaign. ...
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India surges ahead of China in business and technology skills: Report
27Jul By Mike TrudellNo Comments
World

India surges ahead of China in business and technology skills: Report

The world's largest online learning platform Coursera has said that India has surged ahead of China in business and technology skills due to its growing younger population and that India could soon be the global talent hub for emerging technologies.In its latest Global Skills Index 2020, Coursera said India ranks 34th within the business domain whereas China ranks 45th. Within the technology domain, India ranks 40th globally whereas China ranks 50th.Looking across the 65 million learners on the platform and drawing on performance data of learners in the past 12 months, the report benchmarks skills proficiency for 60 countries, 10 industries and 11 fields of study in business, technology and data science.“Within the data science domain, however, India ranks 51th globally (lagging) and 12th ...
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Trump signs Hong Kong Autonomy Act, ends city’s preferential trade status
24Jul By Michael SmithNo Comments
USA

Trump signs Hong Kong Autonomy Act, ends city’s preferential trade status

In response to Beijing’s moves against Hong Kong, US President Donald Trump signed an executive order ending the city’s preferential trade treatment, and gave way to a bill that would require sanctions against foreign individuals and banks for contributing to the erosion of Hong Kong’s autonomy."Today, I signed legislation and an Executive Order to hold China accountable for its oppressive actions against the people of Hong Kong," Trump said while addressing the media.Trump said he signed Hong Kong Autonomy Act which will give powerful new tools to hold China responsible. The Act will allow the Trump administration to levy sanctions against foreign individuals and banks for contributing to the erosion of Hong Kong's autonomyThe signing of the Act comes two weeks after imposition of the Hon...
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US will impose sanctions on some Huawei employees: Mike Pompeo
24Jul By Mike TrudellNo Comments
World

US will impose sanctions on some Huawei employees: Mike Pompeo

The United States has said that it will impose travel bans on employees of Huawei and other Chinese companies which the U.S. determines are assisting “regimes” in cracking down on human rights, including in China's western Xinjiang province.“The State Department will impose visa restrictions on certain employees of the Chinese technology companies like Huawei that provide material support to regimes engaging in human rights violations and abuses,” US Secretary of State Mike Pompeo said in a news conference.He also said that he will visit Britain and Denmark next week, shortly after the UK announced its ban on Huawei’s participation in developing the country’s 5G network over concerns that sensitive data could be compromised by the Chinese Communist Party.Pompeo said Huawei employees found ...
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UK poised to phase out Huawei from 5G network
23Jul By Mike TrudellNo Comments
World

UK poised to phase out Huawei from 5G network

Facing a rebellion from MPs and US, UK Prime Minister Boris Johnson has assured that the nation will phase Chinese company Huawei out of country's 5G mobile phone network.According to several media reports, the UK Prime Minister is facing heat from the Conservative Party over Huawei with many Ministers claiming that the company provides China, a chance to spy.The decision comes in the backdrop of US designating Chinese telecom companies Huawei and ZTE Corp as national security threats, saying they have close ties with the Chinese Communist Party and China's military apparatus.The decision to phase Huawei out of 5G networks could escalate tensions between the US and China, especially when it comes in the wake of China's decision to impose national security law in Hong Kong. Beijing's decisi...
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Huawei to be removed from UK 5G networks by 2027
21Jul By Mike TrudellNo Comments
World

Huawei to be removed from UK 5G networks by 2027

Huawei will be completely removed from the UK’s 5G networks by the end of 2027, the government said on July 14 following new advice produced by the National Cyber Security Centre (NCSC) on the impact of US sanctions against the telecommunications vendor.As per the decision, the UK's mobile providers are being banned from buying new Huawei 5G equipment after 31 December, and they must also remove all the Chinese firm's 5G kit from their networks by 2027, Digital Secretary Oliver Dowden told the House of Commons.It follows sanctions imposed by Washington, which claims the firm poses a national security threat.“By the time of the next election, we will have implemented in law an irreversible path for the complete removal of Huawei equipment from our 5G networks,” Dowden said adding that the s...
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China’s use of economic sanctions now fail to serve its geopolitical goals
20Jul By Michael SmithNo Comments
USA

China’s use of economic sanctions now fail to serve its geopolitical goals

China's practice of imposing economic sanctions on countries to achieve its own geopolitical goals is nothing new and the regular phenomenon of China bullying others has, in fact, helped other countries to keep several options at bay, said the author of "China's Crony Capitalism", Minxin Pei.Recently, the Chinese Ministry of Culture and Tourism issued an official warning against travel to Australia because of "a significant increase in racist acts and violence against Chinese and Asians in Australia". Two months ago, after Australia had demanded an investigation into the coronavirus outbreak, Beijing imposed an 80 per cent "anti-dumping" tariff on Australian barley, costing Australian 500 million Australian dollars a year.Minxin said Australia is only the latest victim of Chinese bullying....
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