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Chinese industrial espionage on the rise, the US Justice Department warns

“More cases are being opened that implicate trade secret theft” — and more of them point to China, said U.S. Deputy Assistant Attorney General Adam Hickey. Chinese theft of industrial secrets on the rise, US Department of JusticeAmid the US-China trade war, the US Department of Justice advised US companies...

China releases 10,000 tons of pork from reserves to increase the supply of meat

On Thursday, Chinese authorities released another 10,000 tons of pork from its central reserves to increase the supply of pork on the market and ensure its supply for the upcoming national holiday festival. At the beginning of September, 2,400 tonnes of reserve beef and 1,900 tonnes of reserve sheep were...

Chinese Premier Li Keqiang said it is “very difficult” for China’s economy to grow at a rate of 6 percent

China’s gross domestic product (GDP) grew 6.3% in the first half of the year, and Li said the economy was “generally stable” in the first eight months of the year. "For China to maintain growth of 6% or more is very difficult against the current backdrop of a complicated international...

Google to move the production of most of its American-bound hardware out of China

According to a Nikkei report, the American giant plans to move the production of most hardware out of China, including the Pixel smartphones and the Google Home smart speaker. Related: the winner of the trade war so farThe move comes as labor costs are rising in China and because of...

China bans Canadian meat imports over fake certificates

Amid the diplomatic war between Huawei and the United States, China has suspended imports of meat products from Canada over claims of forged customs documents. The Chinese Embassy in Canada announced the measure in a statement released Wednesday, which stated that the decision was taken after the discovery of "ractopamine...

Huawei signs a contract to develop the 5G network in Russia

Huawei, recently in the spotlight because it was accused of threatening US security, signed a contract to develop the 5G network in Russia with Russian partner MTS next year. The agreement was signed on the sidelines of a meeting between the Chinese leader Xi Jinping and Russian President Vladimir Putin...

The winners of the US-China trade war so far

More than one year since the start of a trade war between United States and China, analysts of the Japanese investment bank Nomura noted that in order to avoid high tariffs, both countries had to import goods from alternative countries untouched by the tariffs and at the same time...

“Don’t say that we didn’t warn you”: China threatens to cut off rare earths exports

The People's Daily, the newspaper of the ruling Communist Party, said in a commentary published under the pseudonym Wuyuehe,五月荷, that China will never allow the United States to use rare earths extracted in the country, using the phrase "Don't say that we didn't warn you" (" 勿 谓 言...

China emphasizes its importance in the rare earths market: what are the rare earths and what is the role of China?

In 2017, China was responsible for producing around 81% of the entire global supply of rare earths, mainly through its mining facilities in Inner Mongolia. China holds 36.7% of world reserves.Australia is the second country in terms of production, with 15% of world production.During the last year, a trade war...

China’s Worlwide Reach: China’s Global Investments down in 2018

China's global investments. Despite the ambitious Silk Road project, Chinese infrastructure investments abroad in 2018 fell by $ 100 billion, according to data provided by the American Enterprise Institute's China Global Investment Tracker.Chinese global investment fell sharply in 2018. The decline was evident in state-owned enterprises. These companies...