Huawei Sues the U.S. for Restricting Business With Federal Agencies
SHENZHEN, China—Huawei Technologies Co. filed a lawsuit challenging a law signed by President Trump in August that restricts federal agencies from doing business with the Chinese company, the latest in a series of countermoves by the telecommunications giant. The lawsuit challenges the constitutionality of parts of the National Defense Authorization Act, an annual measure that […]
SHENZHEN, China—Huawei Technologies Co. filed a lawsuit challenging a law signed by President Trump in August that restricts federal agencies from doing business with the Chinese company, the latest in a series of countermoves by the telecommunications giant.
The lawsuit challenges the constitutionality of parts of the National Defense Authorization Act, an annual measure that authorized billions of dollars in military spending and put new limits on federal dollars going to Huawei and its Chinese rival, ZTE Corp. The law…TO READ THE FULL STORY
China
China expands its economic reach into the United States’ backyard
While China’s presence in the region has grown substantially in the past decade, it is unlikely that China will replace the United States as the dominant political, economic and military power in Latin America for the foreseeable future.
In early March 2023, General Laura Richardson, head of the United States Southern Command, told a US congressional hearing that Chinese actions in South America posed a threat to US safety.
(more…)China
East Asian economies resist decoupling
Quantifying the effect of supply chain decoupling is difficult. Trade controls, particularly export controls over high-tech products, became a major policy tool for decoupling in the United States and for some US allies, including Japan.
Media on global trade frequently puts forward the narrative that the US–China confrontation will divide the world in two. But East Asian developing economies have a different view of supply chain decoupling since US–China merchandise exports and imports hit a record high in 2022 and East Asian production networks continue to move actively.
(more…)United States
China does not want war, at least not yet. It’s playing the long game
Talk of war has become louder in recent days, but the “drumbeat” has been heard for some time now as China’s military capabilities have grown.
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