Huawei Founder and CEO Ren Zhengfei hosted “A Coffee With Ren” discussion at the company’s headquarters, where he invited two distinguished guests to join him. Futurist, author and venture capitalist, George Gilder and Co-founder of the MIT Media Lab, Nicholas Negroponte, participated in this live streaming where the gentlemen shared their thoughts on Huawei’s contribution to science & technology, commitment to partners all over the world, the US sanctions and many more.
"To me, the fundamental problem is the necessity of cooperation," said
Ren Zhengfei, founder and CEO of the world's largest telecommunications
equipment manufacturer Huawei, in a discussion with two U.S. technology
gurus George Gilder and Nicholas Negroponte in Shenzhen, China on
Monday. #China#Huawei#Technology
Innovation is a driving force within China's economy today. Yet behind that innovation, what's the role of research and development?
Moscow’s strongman this week welcomed Mr Xi to the Kremlin for a three-day state visit to sign new trade deals and investment promises. After the Chinese President touched down in Russia on Wednesday, Mr Putin led him on a tour of Moscow Zoo, where two pandas loaned to Russia by the Chinese for a 15 year project are staying. The offer of Ru Yi, a male, and Ding Ding, a female, who will live at the zoo with the aim of reproducing, was a “gesture of particular respect and trust in Russia,” Mr Putin said.
But while it make take some time for the animals’ partnership to bear fruit - pandas are known to be reluctant breeders - the two leaders’ fellowship has hit “an unprecedented high level”.
Beijing is embroiled in a bitter trade war with Washington while Moscow is suffering the consequences of sanctions imposed by the West over the Ukraine conflict.
As their talks kicked off, Mr Putin
told Mr Xi : “Our strategic partnership, we believe, has reached an
unprecedented high level.
Mr Trump's hard stance against Russia and China has brought the two countries closer together (Image: GETTY)
Mr. Putin led Mr Xi on a tour of Moscow Zoo to see the two pandas (Image: GETTY)
“We are living in the best of days, in terms of our country’s relations… Our interests are very similar.”
The
fond words came at the start of the trip which will see the Chinese
leader attend Russia’s flagship economic forum in St Petersburg later
this week.
Mr Putin and Mr Xi vowed to deepen military technical
cooperation at the talks in Moscow, as businesses from both nations
signed off deals.
In a statement published by the Kremlin, Mr Xi
said: “Over the past six years we have met almost 30 times … Putin is my
best friend and a good colleague.”
The two pandas will stay in Moscow for 15 years (Image: GETTY)
The
two men displayed a relaxed demeanour as they toured the zoo to begin
the visit hailed as a “milestone” for the two countries’ alliance.
Last
week, China’s deputy foreign minister, Zhang Hanhui, said: “The close
and effective co-ordination of Russia and China on international
affairs… has been an anchor and stabilising force amid rapid changes in
the international situation.”
Beijing is Moscow’s top trading partner while Moscow is Beijing’s tenth-largest trading partner.
Later
this year, the Power of Siberia pipeline connecting Russia to China is
due to be complete, which is reportedly valued at £315bn ($400bn)
China on June 2 issued a white paper titled "China's Position on the
China-US Economic and Trade Consultations," triggering a heated debate
throughout international media and foreign entrepreneurs
The battle over 5G network suppliers is part of a broader push by the Trump
administration to check China's rise as a global technology powerhouse.PHOTO: REUTERS
News Wrap: Huawei to develop 5G networks in Russia
https://youtu.be/Lzu4MBIzhyA
SHANGHAI/HONG KONG (REUTERS, BLOOMBERG) – China granted 5G licences to the country’s three major telecom operators and China Broadcasting Network Corp on Thursday (June 6), giving the go-ahead for full commercial deployment of the next-generation cellular network technology.
The approvals will trigger investment in the telecommunications sector which will benefit top vendors such as Huawei Technologies, just as the Chinese network equipment provider struggles to overcome a US blacklisting that has hurt its global business.
China approved four operating licences for 5G networks, setting the stage for the super-fast telecommunications system amid simmering tensions with the US over technology and trade.
The country’s three state-owned wireless carriers and China Broadcasting Network Corp were granted licences for full commercial deployment, according to state broadcaster CCTV.
The operators, China Mobile Ltd, China Telecom Corp and China Unicom Hong Kong Ltd, have been testing the technology in several cities including Beijing and Shenzhen.
Full deployment of 5G networks in a country with almost 1.6 billion wireless phone subscriptions is expected to boost local companies designing gear for applications in autonomous driving, robotics, remote surveillance and virtual reality. The faster-than-expected approvals also come as Shenzhen-based Huawei Technologies Co, the world’s largest manufacturer of networking equipment, has vowed to maintain its lead in the face of a US campaign pressuring allies not to use the company’s products.
Shares of some 5G-related companies fell in Hong Kong and Shanghai trading after the licence announcement, trimming gains made earlier in the week on expectations the companies would benefit from the push for the new networks.
China Tower Corp, the three major carriers’ infrastructure provider, fell 3% as of 10.50am in Hong Kong, paring its advance in the past four days to 9.1%. ZTE Corp, which makes handsets and telecom gear, dropped 4.3%, trimming its four-day rally to 7.1%.
Betting on the fate of the nation’s next generation of telecom networks has been one of the year’s hottest trades in China and Hong Kong. An index of telecom-related shares is up 20% this year, led by a 54% rally in ZTE’s Shenzhen-traded stock.
Beijing-based Xiaomi Corp in March said it would introduce China’s first 5G phone in May or June. Huawei and ZTE, have also said they intend to offer handsets compatible with the technology this year.
Introducing 5G will directly add 6.3 trillion yuan (US$912bil) to economic output and 8 million jobs by 2030, the China Academy of Information and Communications Technology estimates. — Bloomberg
US President Donald Trump's latest confrontation with
China's telecoms giant Huawei may plunge the world into a long-term
technology “cold war,” forcing global companies to pick sides between
the US and China.
All parties suffer during the trade war, a game of
“killing 1,000 enemies while losing 800 of our own.” Many institutions
have forecast the impact of increased tariffs on China's economic growth
to be around 1 percentage point. While there is no need to panic, we
should also prepare for worst-case scenarios.
https://youtu.be/cxOw7_yw1cg Huawei OS ‘Hongmeng’ could be known as ‘ARK OS’ globally
https://youtu.be/A2r9x3NLlHA
US vs Huawei: This is How the US Economy Crashes
https://youtu.be/OSIBbUixJ6Q
Huawei CEO Ren Zhengfei remains positive, despite U.S. sanctions
https://youtu.be/QWmSLwdgXOc
这是特朗普面对中国犯的最大错误
https://youtu.be/Pno-AQ5ir6I
5G商用 中国准备好了！ 20190605 | CCTV中文国际
https://youtu.be/0fGVP8v-NWI
Chinese consumers expected to use affordable 5G phones next year
After 5G commercial licenses have been officially issued, how long will Chinese people have to wait before they can use 5G smartphones?
The official issuance of the licenses shows that China -- the world's largest mobile phone market -- has entered the 5G era. Industry analysts predict that Chinese consumers will be able to use 5G smartphones at prices ranging from 2,000 yuan ($290) to 3,000 yuan next year.
"Some 5G smartphone products will be released this year, but will be quite expensive, over 10,000 yuan," Xiang Ligang, director-general of the Bei-jing-based Information Consumption Alliance, told the Global Times on Thursday. Consumers can buy 5G phones at affordable prices in a year, he noted.
Major regions such as Beijing, Shanghai and South China's Guangdong will be the first places covered by 5G networks. Based on previous in-formation unveiled by the three carriers, smartphone users will have access to 5G high-speed internet and voice services without having to change SIM cards.
China's telecoms industry regulator officially re-leased the first four 5G business licenses to Chi-na Mobile, China Union, China Telecom and Chi-na Broadcast Network on Thursday, helping the country get into the fast lane in commercializing the next generation of wireless technologies.
China released licenses a year earlier than scheduled to boost the economy while strengthening the overall telecoms sector in light of the US-led crackdown on Chinese telecoms vendors, Xiang noted.
"It will also help boost the sluggish smartphone market," he said.
Chinese smartphone makers such as OPPO and vivo have shown confidence by releasing the first batch of 5G phones as soon as possible, and will adjust shipments in line with demand, media re-ported on Thursday.
Global financial markets are facing a stark wake-up call that they need to unite to stand against acts of what can only be described as economic terrorism by a country which unilaterally imposes its will on others and pursues its own goals at the cost of the interests of others.
More than a year after US President Donald Trump fired the first tariff salvo at China, he is extending the battlefield around the world. On Friday, his administration announced that it will end special trade treatment for India, removing a status that exempts billions of dollars of the South Asian country's products from US tariffs. Trump is seriously mulling slapping tariffs on Mexican imports as he believes the country has taken advantage of the US for decades.
Even close allies cannot trust they will be exempt from Trump's tariff addiction. It was reported that the administration considered imposing tariffs on imports from Australia, but eventually decided against the move amid opposition from his aides, "at least temporarily."
Obviously, Trump, a businessman-turned president, is aiming his trigger finger regardless of the targets, be they US competitors or allies. Trump grumbles about his country subsidizing the world and weakening US industry and pledges to make America great again. But he doesn't realize that a great superpower is supposed to provide public goods rather than resorting to coercion for selfish gains. His tactics are nothing short of economic terrorism.
The International Air Transport Association has estimated that the US-China trade war and high fuel prices will wipe $7.5 billion off expected airline profits in 2019. This is just the figure from the airline industry, which is enough to show the disastrous impact the US-initiated economic terrorism has on the globe. Trump may disrupt the global supply chain with the US' economic clout, but how can a disrupted global supply chain serve the US' strategic objectives of being a great country?
What is worse, before the US becomes great again as the president wishes, he is actually employing the strategy of blocking other countries to take the lead, as we see in his actions in quashing Huawei's 5G advancement.
Later this month, leaders from the world's top economies will meet at the G20 summit in Osaka, Japan to discuss key economic issues that plague the world. The conventional views of globalization and its benefits are still shared by most countries, and many countries and regions are continuing to open their economies. They should unite to face the chaos created by the Trump administration and find a way forward, so the process of globalization will not be held hostage by the US' economic terrorism. - By Zhang Yi
As a civilization that is thousands of years old, China has
always been integrating into the current international system and
taking responsibility to defend the international order after the world
wars and the international rule of law coming into force. At the same
time, China is dedicated to promoting democratization and legalization
of international relations.
On Sunday, China released a comprehensive white paper to formalize its positions on trade negotiations with the U.S. The set of statements come as the trade war escalates and Beijing threatens to hit back with a retaliatory blacklist of U.S. firms. Here are some key takeaways from the press conference announcing the white paper:
U.S. ‘responsible’ for stalled trade talks
The “U.S. government bears responsibility” for setbacks in trade talks, chided the paper, adding that the U.S. has imposed additional tariffs on Chinese goods that impede economic cooperation between the two countries and globally.
While it’s “common” for both sides to propose “adjustments to the text and language” in ongoing negotiations, the U.S. administration “kept changing its demands” in the “previous more than ten rounds of negotiations,” the paper alleged.
On the other hand, reports of China backtracking on previous trade deals are mere “mudslinging,” Wang Shouwen, the Chinese vice minister of commerce and deputy China international trade representative, said as he led the Sunday presser.
China ready to fight if forced to
China does not want a trade war with the U.S, but it’s not afraid of one and will fight one if necessary, said the white paper.
Beijing’s position on trade talks has never changed — that cooperation serves the interests of both countries and conflict can only hurt both — according to the paper. CNBC’s Eunice Yoon pointed out that Beijing’s latest stance repeats previous statements made back in September.
#China white paper highlights out on state media. My take on msg so far:
-China is the grown-up
-China is the victim
-China wants talks but only as an equal
-China will fight US for as long as it takes
(Not too diff from Sep 2018 white paper same topic) https://t.co/A5LCw3kZVL
#China white paper highlights out on state media. My take on msg so far:
-China is the grown-up
-China is the victim
-China wants talks but only as an equal
-China will fight US for as long as it takes
(Not too diff from Sep 2018 white paper same topic) http://www.xinhuanet.com/english/2019-06/02/c_138110190.htm…
Deals must be equal
Difference and frictions remain on the economic and trade fronts between the two countries, but China is willing to work with the U.S. to reach a “mutually beneficial and win-win agreement,” stated the paper. However, cooperation has to be based on principles and must not compromise China’s core interests.
“Nothing is agreed until everything is agreed,” Wang said.
He said one needs not “overinterpret” China’s soon-to-come entity list, adding that it mainly targets foreign companies that run against market rules and violate the spirit of contracts, cut off supplies to Chinese firms for uncommercial reasons, damage the legitimate rights of Chinese companies, or threaten China’s national security and public interests.
China respects IP rights
The paper also touched on issues that are at the center of the prolonged U.S.-China trade dispute, including China’s dealings with intellectual property rights. U.S. allegations of China over IP theft are “an unfounded fabrication,” said the white paper, adding that China has made great efforts in recent years to protect and enforce IP rights.
Wang claimed that China pays the U.S. a significant sum to license IP rights every year. Of the $35.6 billion it shelled out for IP fees in 2018, nearly a quarter went to the U.S.
Investments are mutually beneficial
The white paper claimed that bilateral investments between the two countries are mutually beneficial rather than undermining for U.S. interests when taken account of “trade in goods and services as well as two-way investment.”
The Chinese government also pushed back at claims that it exerts influence on businesses’ overseas investments.
“The government is not involved in companies’ business activities and does not ask them to make specific investments or acquisitions,” said Wang. “Even if we make such requests, companies won’t obey.”
In response to China’s probe into FedEx over Huawei packages that went stray, Wang assured that “foreign businesses are welcome to operate legally in China, but when they break rules, they have to cooperate with regulatory investigations. That’s indisputable.”
The Shenzhen-based smartphone and telecom giant has been hit hard by during the trade negotiations as the Trump administration orders U.S. businesses to sever ties with the Chinese firm.
Chinese authorities announced on Saturday that relevant
department has decided to open an investigation into whether FedEx
violated the legitimate rights and interests of its Chinese clients.
Huawei recently revealed to the media that FedEx had diverted two
parcels sent from Japan destined for an address in China to the US, and
two others from Vietnam to Hong Kong and Singapore respectively were
also diverted to a US address after delay.
Source: Global Times | 2019/6/1 23:36:25
China's Ministry of Commerce announced on Friday that the
country will release its non-reliable entity list. Foreign entities,
individuals and companies that block and shut the supply chain, or take
discriminatory measures over non-commercial reasons, and when their
actions endanger the business of Chinese companies will be included in
the list.
Source: Global Times | 2019/5/31 20:09:26
The annual Shangri-La Dialogue kicked off in Singapore
Friday. Chinese Defense Minister Wei Fenghe and Acting US Defense
Secretary Patrick Shanahan will attend the event and make a speech,
raising observers' expectations on this year's Dialogue.
China
does not want a trade war, but it is not afraid of one and it will
fight one if necessary. China's position on this has never changed, the
white paper pointed out.
A heated online feud between two high-profile news anchors from China and the US ended on Thursday morning in a seemingly friendly manner, but also laid bare the prejudice of some US elites against China.
The highly anticipated debate between Liu Xin of China Global Television Network (CGTN) and Trish Regan of the Fox Business Network, hailed as a first of its kind, also underscored the urgent need for the two countries to conduct better engagement as the trade and technology war has escalated to dangerous levels, Chinese analysts noted Thursday.
After days of hype, Liu appeared on Regan's primetime show Thursday morning Beijing time, where the two anchors went head-to-head over a wide range of issues, from the ongoing trade war to China's economic system.
Many in China praised Liu's performance for pushing back Regan's questions with clearly biased connotations, despite Liu being at a disadvantage because it was the US anchor's turf and she was in control of the conversation.
"Liu was very calm and showed great demeanor; in contrast, [Regan] appeared to be fanning the flames, instigating war and judging from an established angle," one Sina Weibo user wrote.
Clear prejudice
Despite her apparent attempt to appear fair and friendly with occasional smiles, Regan's prejudice was palpable throughout the showdown lasting around 16 minutes.
She started off the conversation by introducing Liu as a member of the Community Party of China (CPC) and painted Liu as a spokesperson of the CPC, drawing an immediate rebuke from Liu, who said she was not a CPC member.
"Please don't assume," Liu said. "I'm here today, only speaking for myself as Liu Xin, a journalist working for CGTN."
"Right off the bat, [Regan] put a huge label on Liu, saying Liu was representing the CPC… so the American was obviously biased," another Sina Weibo user wrote. Some online even pointed out that there were about 88 million CPC members and 1.4 billion people in China. "How hard can it be to understand that?" one wrote.
After mumbling about unsupported claims that China steals US technologies, Regan dropped another ideologically biased question, while appearing to be asking about China's economic system: "How do you define state capitalism?"
As she did throughout the show, Liu responded with sound arguments, educating the US anchor about China's socialist economy with Chinese characteristics, where market forces play an increasingly bigger role and the private sector is a major force in the economy.
"Such prejudice [against China] has long existed in the US," said Liang Haiming, dean of Hainan University's Belt and Road Research Institute, who also focuses on China-US trade relations. "This will not change from one exchange like this."
Better dialogue
However, Regan, who had fiercely defended the trade war the US government has initiated against China without concrete proof, did show a much softer tone and even appeared to be backing down from some of her earlier comments.
The showdown on Thursday appeared to be friendlier than their earlier fiery exchanges online, drawing praise from some Chinese and even Chinese officials.
Reacting to the debate, Lu Kang, spokesperson for China's Foreign Ministry, said that he was happy to see "rational, open and frank" dialogue between Chinese and US people in different areas.
At a time when tensions between the two economic powers are running high, the two countries need more effective dialogue rather than constant finger-pointing and the debate might have set a great example for that, analysts said.
"This is like in 1971, when the US ping-pong team was invited to China. No one remembers who won the matches, but people remember only that the US team went to China," Feng Da Hsuan, chief adviser of the China Silk Road iValley Research Institute and former vice president for research at the University of Texas at Dallas, told the Global Times, referring to a ping-ping match that has been widely credited as the start of China-US diplomatic relations in the early 1970s.
Anchors’ debate trumps China-US tensions
The debate between Fox Business' Trish Regan and China Global Television Network (CGTN)'s Liu Xin began around 8:30 on Thursday (Beijing time) and lasted only 16 minutes, much shorter than people had expected. The debate went more like an interview where Regan kept throwing questions and Liu responded.
Before the debate started, other topics and an advertisement were broadcast, including a long talk by Venezuelan opposition leader Juan Guaido. After the event, Michael Pillsbury from Washington DC-based Hudson Institute, who is known for his anti-China stance, appeared to make his comments.
The international community has shown interest in the debate mainly because of the conflict between China and the US, which has gone far beyond being a squabble to do with trade. There is increasingly intense exchange of opinions but both sides barely conceded to each other's stance.
A straight-out face-to-face talk between the two anchors would have been generally welcomed, although there are some people who just wanted to be bystanders.
Anyway, the debate has made headlines. This shows that there was too little effective communication between Beijing and Washington. The US is a country where the press is largely free but their reports about the trade war and China have been colored with views of the US political elite. The voice that reflects China's views can hardly spread in the US. American media outlets would censor China's voices to fit the agenda set by the US administration, thus rendering the message going across almost ineffectual.
There were no big flaws in the anchors' performance in the debate. Regan was aggressive while talking about China in an earlier broadcast, but this time she was restrained - more like an anchor. In the meantime, Liu was humble and candid. The whole dialogue was cordial.
What they talked about was not surprising - the possibility of zero tariffs between China and the US, disputes about intellectual property, and whether China is a developing or developed country. When the debate began, Regan introduced Liu as a member of the Communist Party of China (CPC), but Liu corrected Regan by saying that she was not, "Please don't assume that I'm a member. And I don't speak for the CPC. Here, today, I'm only speaking for myself as Liu Xin, a journalist working for CGTN."
This has demonstrated that Regan, as well as many other US media staff, don't understand how the Chinese system led by the CPC works. They have taken many things for granted. Such misunderstanding colors US public opinion about China.
Apparently, the brief dialogue came short on being thorough. It was far from meeting people's expectation. But it was still regarded as conducive. It is better to make such efforts rather than desisting from trying to have effective communication between China and the US.
We hope the debate could remind people of the importance of China-US talks and help the two countries get rid of political shackles and utilitarianism in consultations and strive to break the estrangement.
Have the anchors set a good example? It depends on what happens in the future. We hope people can say "yes" when they look back someday.
By Shan Renping - a commentator with the Global Times. opinion@globaltimes.com.cn
Newspaper headline: Anchors’ debate trumps China-US tensions
New world order: People visit the bund in front of Shanghai's financial district of Pudong. The US-China trade war looks like the beginning of a profound break in the global order. As China and the United form two opposing economic and geopolitical coalitions, the rest of the world will be forced to choose. - Reuters
President Donald Trump has long said the goal of his trade policy is simply to get better deals for Americans. But as the trade war intensifies, it seems increasingly likely that his policies will lead to something more: a lasting break with China and a new alignment of global power.
First, consider the evidence for the break.
The current impasse in trade talks was sparked by a sudden change in terms on the part of the Chinese negotiators.
This change likely caught the administration off guard, but Trump’s response is notable: He immediately ramped up tariffs, then announced a ban on business with Chinese telecommunications firm and national champion Huawei Technologies Co.
These actions have backed Chinese President Xi Jinping into a corner and turned the trade dispute into a matter of Chinese national pride.
This limits the possibility not only of a quick resolution, but also of the chances that the Chinese people will accept any concessions to the US.
Trump’s handling of this situation stands in sharp contrast to his negotiating strategy on other issues.
Though the president railed against NAFTA throughout his campaign, he’s touted its replacement as a huge success, even though it is only cosmetically different, and has been willing to suspend his tariffs on Canada and Mexico to ease its passage through Congress.
Likewise, Trump has been more than willing to trumpet his successful negotiations with North Korean leader Kim Jong Un even though the evidence for such success is thin.
Meanwhile, the president’s tough talk against Europe and Japan for their trade practices, and against NATO allies for their defence spending, has been mostly bluster.
When it comes to China, however, the president is doubling down.
He has encouraged US supply chains to move out of China and established subsidy programmes to cushion farmers from the effects of a protracted trade war.
Which leads to the long-term implications of this battle. A protracted trade war would almost guarantee a global realignment.
Supply chains that run through both the US and China would constantly be subject to disruptions, so global manufacturers would have to decide whether to pursue an America-centric or China-centric strategy.
That’s already the case in the digital sphere, where Chinese restrictions on the Internet divide the world into two parts: that which is served by US tech giants such as Google and Facebook, and that which relies on Chinese firms such as Baidu and WeChat.
China’s threat to cut off US access to rare-earth minerals points to a potential bifurcation in commodities markets as well.
The trend is clear: As China’s economic and geopolitical power grows, countries within China’s sphere of influence will feel increasing pressure to integrate their economies with Chinese supply chains and multinationals rather than American ones.
At the same time, as my Bloomberg Opinion colleague Tyler Cowen points out, the rise of China is a main driver of populist sentiment in the UK and Australia.
This creates political pressure in those countries for further isolation from China.
In the US, Trump has made it clear that he sees the trade war with China as politically advantageous for him, and he’s probably right.
It’s probably also true that this anti-China sentiment will outlast him.
Break in global order
Add up all these factors, and the US-China trade war looks like the beginning of a profound break in the global order. As China and the US form two opposing economic and geopolitical coalitions, the rest of the world will be forced to choose.
Maybe the European Union can form a third unaligned pole, as France and Germany’s membership in the EU (and the UK’s absence from it) provides them with the negotiating power to avoid falling under the Chinese or American sphere of influence.
Of course, in some ways this type of multipolar alignment would be a return to the past. The dual-superpower world that existed for much of the second half of the 20th century was always an exception, and the era of American supremacy that began after the collapse of the Soviet Union was never going to last.
Until recently, however, a new kind of bipolar arrangement seemed possible: a kind of competitive partnership between China and the US, with the EU playing a supporting role.
The events of the last few weeks have left that looking increasingly unlikely. — Bloomberg Opinion
By Karl W. Smith , a former assistant professor of economics at the University of North Carolina’s school of government.
China now has no choice but to pursue technological independence, and will burn the cash to achieve it.
... A similar process took place when ZTE Corp. was banned from buying
U.S. products after reneging on a deal to settle charges of breaking
trade sanctions. ... The U.S. ended up
Chinese
President Xi Jinping said that "we are on a new Long March now" during
his inspection tour of Jiangxi Province this week and encouraged people
to gain strength from the spirit of the Long March to overcome
difficulties and obstacles, China's state media outlets reported on
Thursday.
