By NORMAN PEARLSTINE, DAVID PIERSON, ROBYN DIXON, DAVID S. CLOUD, ALICE SU AND MAX HAO LU Standing on Huawei Technologies Co.’s sprawling new campus near Shenzhen, it’s hard to conceive that Ren Zhengfei, backed by five friends of friends, could have single-handedly turned his tiny start-up into a technology-driven colossus. Standing on Huawei Technologies Co.’s sprawling new campus near Shenzhen, it’s hard to conceive that Ren Zhengfei, backed by five friends of friends, could have single-handedly turned his tiny start-up into a technology-driven colossus. How could Ren, then in his 40s and possessing no intellectual property, have grown Huawei into the world’s biggest seller of telecommunications equipment and one of the largest makers of smartphones, with 188,000 employees in 170 countries? In fact, it’s entirely unbelievable, according to the U.S. government. Washington would have you believe Huawei’s official history is a sham — … [Read more...] about WHO’S BEHIND HUAWEI?
Egypt china military cooperation
SHARM EL SHEIKH, Egypt -- European and Arab leaders on Sunday opened their first summit in a bid to bolster cooperation as EU President Donald Tusk said neighbors "should not leave it to powers far from our region", alluding to China and Russia. Host Egyptian President Abdel Fattah al-Sisi painted a "bleak" picture for a region hit by wars and terrorism as he appealed for deeper cooperation, in his opening summit speech at the Red Sea resort of Sharm el-Sheikh. European Union countries view the summit as a way to protect their traditional diplomatic, economic and security interests while China and Russia move to fill a vacuum left by the United States. Tusk, the president of the European Council who organizes summits for EU countries, acknowledged "there are differences between us" but said neighbors had more at stake than distant powers. "We need to cooperate and not leave it to global powers far from our region," the former Polish premier told leaders from about 40 countries. He did … [Read more...] about EU sees first Arab summit as response to Russia, China
Vietnam consumer prices rise 0.1% m/m in January Vietnam's consumer price index (CPI), a gauge of inflation, saw an increase by 0.10% in January against the previous month, and up 2.56% year-on-year, according to the General Statistics Office (GSO). Nine out of 11 commodity groups, which are components of the basket for CPI calculation, witnessed monthly hikes in prices, of which, beverages and cigarettes posted the highest increase of 0.69%, followed by food and catering services 0.66%, and garment, footwear and hat group 0.39%, mainly due to high consumption demand in preparation for Tet holidays. Prices of other groups also picked up such as housing, water and electricity supply, and construction materials (0.35%); culture, entertainment, and tourism (0.33%); household equipment and appliances (0.16%); education (0.15%); medicine and healthcare services (0.01%); goods and other services (0.34%). Transportation and Post and telecommunication service price were the … [Read more...] about BUSINESS NEWS IN BRIEF 29/1
The advanced 3,000 tonne vessel made with joint cooperation of Pakistan and China 0SHARES Share Tweet Email Recommended Stories Pakistan, Egypt naval forces conduct joint drills in Mediterranean SeaPakistani military ship SAIF PNS along with Egyptian naval ships partakes in exercisesPakistan Navy's 'SAIF' participates in joint exercises with Turkish shipsThe exercises were aimed at enhancing interoperability between the participating navies … [Read more...] about State-of-the-art Pakistan Navy survey ship unveiled in China
NOV. 25, 2018 Beijing is leveraging its commercial and military might to redraw the terms of trade, diplomacy and security, challenging the liberal democratic order. China Rules They didn’t like the West’s playbook. So they wrote their own. Part 3 阅读简体中文版 閱讀繁體中文版 Beijing is leveraging its commercial and military might to redraw the terms of trade, diplomacy and security, challenging the liberal democratic order. By PETER S. GOODMAN and JANE PERLEZ Photographs by BRYAN DENTON NOV. 25, 2018 Under a merciless sun, a dozen Chinese construction workers survey an empty expanse of desert, preparing to transform it into the heart of a new Egyptian capital. The workers are employed by China’s largest construction conglomerate through a $3 billion contract from an Egyptian company, with financing from Chinese banks. They are erecting a thicket of 21 … [Read more...] about Money and Muscle Pave China’s Way to Global Power