China Prepares Retaliation To Huawei CFO Arrest

Update: Reuters has confirmed the earlier Bloomberg report that Wanzhou's arrest has provoked "intense debate" among senior Communist Party officials about how to respond.
According to a separate report, Huawei has made a $2 billion "commitment" to address "security concerns" raised by the British government earlier this year.
Asked whether he thinks the arrest will spill over into the trade talks, Larry Kudlow said during a post-jobs-report interview on CNBC that he "rather doubts it," adding that China has agreed to talk about the security concerns (ie China's pervasive cyberespionage) raised during last weekend's meeting. He also hinted that Trump might be willing to extend that 90-day period set for negotiations, while he believes car tariffs "will come down rapidly."

Comments

Post a Comment

Popular posts from this blog

The Dehumanization is Upon Us

Image
Meet Zenbo, the Asus robot that costs no more than a smartphone Voice-controlled companion, whose touchscreen face shows its emotions, can entertain kids and control the lights  Asus’s chairman, Jonney Shih, introduces Zenbo: ’Our ambition is to enable robotic computing for every household.’ Photograph: Ritchie Tongo/EPA Samuel Gibbs Tuesday 31 May 2016  07.27 EDT Share on Pinterest Share on LinkedIn Share on Google+ Shares 354   Save for later The Taiwanese electronics manufacture  Asus  has unveiled a home robot called Zenbo that can talk, control your home and provide assistance when needed – all for the cost of a top-end smartphone. The $599 (£410) robot rolls around on two wheels in the shape of a vacuum cleaner ball with cameras an oblong head extruding from the top with a colour touchscreen displaying a face with emotions. It is capable of independent movement, can respond to voice commands a...
Read more

More Melbourne Insanity: Mom Arrested At Beach For Traveling 'Outside Her Permitted 5km Radius'

Image
We've previously  detailed  protests that have sprung up in various major cities across the Australian continent over authorities' ultra-restrictive coronavirus lockdown measures, which are especially stringent and far-reaching in the southeast state of Victoria. There's been multiple instances caught on video of police cracking down on  elderly people and even pregnant women  for merely resting outside on park benches, supposedly in "violation" of coronavirus social distancing measures, even as case numbers have significantly dropped since August. And now here's the latest incident to go viral as citizens flock to newly reopened beaches, after Victoria  slightly relaxed  some of its  more severe lockdown restrictions :  Video has emerged of police officers  clashing with beachgoers in a dramatic arrest of a woman at a Melbourne beach  as hordes of residents headed outdoors to enjoy the good weather over the weekend. Officer...
Read more