Beijing: London-based HSBC bank has denied Chinese media reports that it had “framed” telecom giant Huawei or “fabricated evidence” that led to the arrest of a top company official. Washington’s investigations into Huawei — for allegedly violating US sanctions on Iran — started before the bank’s involvement with the company in late 2016, the lender … Read more
Houston: The Chinese consulate in the US city of Houston officially closed after over four decades on Friday as the US-China relations hit a new low. Tensions between both nations have escalated in recent months over the Beijing’s handling of the coronavirus pandemic, China’s crackdown on its Uygur Muslims in Xinjiang and Beijing imposing a … Read more
By Shuli Ren When was the last time you encountered a white knight? Hiding out from Hong Kong’s latest wave of the coronavirus, I haven’t seen a human for days, forget about getting rescued. China Inc. is probably feeling the same way — too many damsels in distress and not enough white knights to go … Read more
HONG KONG: TikTok said Tuesday it will stop operations in Hong Kong, joining other social media companies in warily eyeing ramifications of a sweeping national security law that took effect last week. The short-form video app’s planned departure from Hong Kong comes as various social media platforms and messaging apps including Facebook, WhatsApp, Telegram, Google … Read more