The Maldives will appeal to Beijing to make concessions on repayments of debt clocked up during the previous administration, which the current government says is tied to illicit activity that ramped up contract costs. “This was wilful corruption,” Ibrahim Ameer, the country’s finance minister, told the Financial Times. “[The former government] knew what they were […]
Category: Politics & Society
A hardware engineer working for Apple’s driverless car research unit has been charged by the US for sending sensitive technology secrets to a Chinese company, Bloomberg reports, marking the second such case regarding Apple and Chinese corporate espionage. Jizhong Chen allegedly took photographs of machinery in Apple facilities, despite recently signing an oath of strict […]
The European Union is reportedly looking into measures that would ban Huawei from participating in the trading bloc’s next-generation mobile networks, several senior EU officials told Reuters. The talks are still at the early stages, the sources added, and it’s not clear how feasible such a policy would be across the EU’s member states. However, that […]
US Treasury Secretary Steven Mnuchin said that the recent court case against telecommunications company Huawei should not be “confused” with the high-level trade negotiations between US and Chinese officials due to start on Wednesday, as tensions between the two countries remain on edge. “You can easily separate these issues,” said Mnuchin, according to Financial Times reports. “We […]
Chinese telecommunications firm Huawei has issued a statement denying all charges made by US authorities in two indictments made public Monday, Caixin reports. “The company denies that it or its subsidiary or affiliate have committed any of the asserted violations of US law set forth in each of the indictments,” the statement read. The two indictments accuse […]