Surveillance tycoons lose billions from threat of US sanctions

Escalating tensions between Washington and Beijing are wiping billions from the net worth of China’s richest surveillance tycoons. The billionaires behind Hangzhou Hikvision Digital Technology Co.

Taiwan navy holds drill amid China tensions

Taiwan’s navy held a major live-fire exercise yesterday off the island’s east coast in an area increasingly threatened by Chinese ships and planes. The drills

Beijing faces new competition as Japan, India eye Sri Lanka port

India, Japan and Sri Lanka are weighing the development of a terminal at the bustling port of Colombo in a country that’s seen ongoing political

Jack Ma is selling cancer coverage for pennies a month

Ping An Insurance (Group) Co. employed about 1.4 million people to peddle policies last year. Yet it’s Jack Ma’s newest online disruptor that is stealing the show

Huawei: US controls have ‘no impact,’ talking to Google

The founder of Huawei expressed confidence Washington’s curbs on sales to the Chinese tech giant will have little impact and said yesterday it is discussing

Ex-Philippine judge says she was held at Hong Kong airport

A  former Philippine Supreme Court justice who once accused Chinese President Xi Jinping of crimes against humanity before the International Criminal Court says she was barred for

Pig disease outbreak pushes up global pork prices

Hong Kong retiree Lee Wai-man loves pork fresh from the market but eats a lot less now that the price has jumped as China struggles with a deadly swine

US ambassador in China makes rare visit to Tibet

The U.S. ambassador to China is making a rare visit to Tibet to meet local officials and raise concerns about restrictions on Buddhist practices and the preservation

Baise | At least three killed in building collapse

At least three people were killed and four others buried in the collapse of a building in southern China yesterday, authorities said. Framework surrounding a

Gov’t ban on scrap imports a boon to US recycling plants

The halt on China’s imports of wastepaper and plastic that has disrupted U.S. recycling programs has also spurred investment in American plants that process recyclables.

Beijing officials, Iran foreign ministers meet amid Middle East tensions

Iran’s foreign minister praised his country’s relations with China during talks with his Chinese counterpart in Beijing amid heightened tensions and efforts by Tehran to keep its

Wang tells Pompeo US must negotiate on equal basis

Negotiating on an equal footing is the only way to solve pressing trade issues, Chinese Foreign Minister Wang Yi told U.S. Secretary of State Michael Pompeo

State secrets | China formally arrests two Canadians in case linked to Huawei

China has formally arrested two Canadian citizens it is believed to be holding to pressure Canada into releasing a Chinese telecoms executive, bringing the two men

Trade War | Huawei hit by US export controls, potential import ban

In a fateful swipe at telecommunications giant Huawei, the Trump administration issued an executive order yesterday apparently aimed at banning its equipment from U.S.

Beijing criticizes US action against Huawei

China vowed yesterday to “resolutely safeguard” Chinese companies after Washington labeled telecom equipment giant Huawei a security risk and imposed export curbs on U.S. technology sales

Taiwan to vote on formal recognition of same-sex marriage

Taiwanese legislators are scheduled to decide today on legalizing same-sex marriage, marking a potential first in Asia. Lawmakers pressured over the past two years

Trump poised to sign order restricting foreign telecom companies

President Donald Trump plans in coming days to sign an executive order that would prohibit American firms from using gear made by foreign telecommunications companies

Huawei exec: Possible US market curbs have little impact

A Huawei executive said yesterday that possible new U.S. restrictions on market access will have little impact on the Chinese tech giant due to its global reach.

Admiral: US hasn’t stepped up sea patrols to confront China

A top U.S. admiral said yesterday the Navy has not stepped up maritime patrols to challenge China’s sweeping territorial claims in the South China Sea but is

Aviation | Chinese airlines consider teaming up for Boeing Max compensation

China’s biggest airlines are considering banding together to seek compensation from Boeing Co. for the disruption caused by the grounding of the U.S. aircraft manufacturer’s 737

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