DefenceTalkDefenceTalkSweden has banned Chinese telecoms groups Huawei and ZTE from its 5G network for security reasons, the Swedish telecoms regulator said on Tuesday. The ban is in line with new legislation that entered into force in January 2020, following an examination by the Swedish armed forces and security service “to ensure that the use of […]https://www.defencetalk.com/sweden-bans-chinas-huawei-zte-from-5g-network-76481/

DefenceTalkDefenceTalkShares in China’s biggest chipmaker tumbled Monday on reports that the United States had imposed export controls on the company, the latest salvo in the countries’ battle for technological dominance. In a new blow for China’s advanced tech ambitions, the US Commerce Department reportedly ordered companies to seek permission before selling equipment to Semiconductor Manufacturing […]https://www.defencetalk.com/china-chip-giant-smic-shares-sink-on-us-export-controls-76389/

The United States and its allies should take controlling stakes in Nokia, Ericsson or both to battle Chinese telecoms giant Huawei’s dominance of the 5G market, US Attorney general Bill Barr said Thursday. “There are only two companies that can compete with Huawei right now: Nokia and Ericsson,” Barr said in a speech on the […]

US Secretary of State Mike Pompeo on Monday warned Silicon Valley not to bolster China’s “Orwellian” state, two days before the world’s two largest economies sign a partial trade deal. Speaking to a tech-heavy crowd in San Francisco, Pompeo trumpeted the “phase one” deal to tame a two-year trade war but told businesses that they […]

China’s foreign minister on Friday accused the United States of “seriously” damaging trust between the two countries amid tensions over human rights in Xinjiang and protests in Hong Kong. The two countries have been locked in a trade dispute for almost two years, while rights issues in China’s northwest region of Xinjiang and Hong Kong […]

DefenceTalkA US Navy guided-missile destroyer today sailed near disputed islands in the South China Sea where Beijing has built military installations, as trade talks between the two countries kicked off. The US and its allies periodically send planes and warships through the area, which is claimed by China, to signal to Beijing their right under […]https://www.defencetalk.com/us-conducts-latest-south-china-sea-sail-by-amid-trade-talks-72013/

DefenceTalkWorld stock markets were a mixed bag on Wednesday as some investors fished for bargains and others gave in to anxiety over simmering trade tensions between China and the United States. London and Frankfurt edged higher, mirroring earlier gains in Asia, while Paris was down at the European close. Wall Street stocks were also mixed, […]https://www.defencetalk.com/global-stocks-mixed-amid-lingering-trade-war-fears-71753/

DefenceTalkCompanies and trade groups in the US and China have expressed concern over how the escalating trade spat between the world’s two biggest economies could affect operations. Beijing retaliated immediately to tariffs on tens of billions in Chinese imports imposed by US President Donald Trump on Friday (Jun 15), igniting a trade war that threatens […]https://www.defencetalk.com/us-china-firms-brace-for-escalating-trade-war-71719/

DefenceTalkChina warned the United States on Wednesday that it will announce retaliatory measures “in the coming days” after Washington published a list of $50 billion in Chinese products that will face US tariffs. The commerce ministry said in a statement that tariff proposals are “completely unfounded, a typical unilateralist and protectionist practice that China strongly […]https://www.defencetalk.com/china-warns-us-it-will-unveil-retaliatory-tariffs-soon-71616/

DefenceTalkChina could hit back hard at Donald Trump’s new tariffs by targeting agricultural goods and other products from states that voted for the US president. The world’s second largest economy warned again on Thursday, hours before Trump’s announcement, that it was ready to “take all necessary measures to resolutely defend its legitimate rights and interests”. […]https://www.defencetalk.com/china-may-target-trump-voting-states-in-trade-war-71583/