Kelvin Chan, Ap Business Writer Updated 9:45 am, Thursday, May 10, 2018 window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-c', container: 'taboola-interstitial-gallery-thumbnails-4', placement: 'Interstitial Gallery Thumbnails 4', target_type: 'mix' }); _taboola.push({flush: true}); Photo: AP Image 1of/4 CaptionClose Image 1 of 4 FILE - In this Oct. 8, 2012, file photo, a salesperson stands at counters selling mobile phones produced by ZTE Corp. at an appliance store in Wuhan in central China's Hubei province. The tech company, ZTE, a Chinese tech giant brought to its knees and delayed shipments of imported U.S. cars, apples, lumber and other agricultural products are the early casualties as China and the U.S. exchange salvos in a trade dispute.(Chinatopix Via AP, File) less FILE - In this Oct. 8, 2012, file photo, a salesperson stands at counters selling mobile … [Read more...] about China tech giant sidelined, US imports held amid trade spat
China
ZTE is now center stage in the US-China trade fight
If Chinese tech company ZTE falls, the shock waves will be felt around the globe. The smartphone and telecom equipment maker announced Wednesday that it hashalted its main operations after the US government last month banned American companies from selling it vital components. The spiraling crisis at ZTE (ZTCOF) has thrust it into the heart of the escalating clash between the United States and China over trade and technology. ZTE's brief statement gave few details, but the implications were clear: a major Chinese company is warning it could go out of business because of the US government. ZTE employs about 75,000 people, and its products are sold around the world. It is the fourth largest provider of smartphones in the United States. Related: China's ZTE says main operations have ceased after US ban The US government said it imposed the export ban because ZTE breached a deal struck last year in which it agreed to pay a $1.2 billion fine for violating sanctions on Iran and … [Read more...] about ZTE is now center stage in the US-China trade fight
Synereo Lands in China
SAN FRANCISCO--(BUSINESS WIRE)--May 10, 2018--Synereo, the company developing decentralized technologies for a fully sustainable economy for content creation, curation and distribution, announces its partnership with Qiyi Culture, one of China’s top online PGC content production companies to expand the platform within the region. Qiyi Culture Communication Ltd, a Shanghai-based production company with over 30 million viewers for single original content, will introduce WildSpark, a content monetization platform recently launched by Synereo, to deliver decentralized content monetization to China’s online content creators.In its beta phase, WildSpark content creators already have a combined footprint of 1.5 million subscribers. The platform allows value and information to flow freely, cutting third parties out of the equation while giving creators and curators the chance to monetize their creations and earn cryptocurrency for content they distribute and promote across various … [Read more...] about Synereo Lands in China
China tech giant crippled, US imports held amid trade spat
Kelvin Chan, Ap Business Writer Updated 4:48 am, Thursday, May 10, 2018 window._taboola = window._taboola || []; _taboola.push({ mode: 'thumbnails-c', container: 'taboola-interstitial-gallery-thumbnails-4', placement: 'Interstitial Gallery Thumbnails 4', target_type: 'mix' }); _taboola.push({flush: true}); Photo: Manu Fernandez, AP Image 1of/4 CaptionClose Image 1 of 4 FILE- In this Feb. 26, 2014, file photo, a sign for the ZTE booth is seen at the Mobile World Congress, the world's largest mobile phone trade show in Barcelona, Spain. Chinese telecommunications company ZTE has halted its main operations after U.S. authorities cut off its access to American suppliers as President Donald Trump steps up pressure over trade and technology issues with Beijing. less FILE- In this Feb. 26, 2014, file photo, a sign for the ZTE booth is seen at the Mobile World Congress, the world's largest mobile … [Read more...] about China tech giant crippled, US imports held amid trade spat
House probe on China missiles sought
MANILA - House Committee on National Defense vice chair Ruffy Biazon has asked his colleagues to mount an inquiry into China's reported installation of missiles on artificial islands in the West Philippine Sea. "This deployment of military assets no doubt [has] national security implications on the Philippines, a matter that should be taken seriously as a threat,” Biazon said in a statement released Thursday. “A foreign military presence within our sovereign rights and sovereign territory, regardless of physical presence or projected capability to strike, should not be tolerated, especially if its presence is not upon invitation by the Philippines or covered by a mutual agreement or treaty," he added. Biazon, in House Resolution 1856, called on the chamber to "conduct an inquiry on this reported military intrusion into our EEZ (exclusive economic zone ) and territory with the view of arriving at policy proposals or legislation to meet this challenge from a … [Read more...] about House probe on China missiles sought