U.S. charges China’s Huawei with bank fraud, stealing trade secrets
by admin | Posted on Tuesday, January 29th, 2019
The United States on Monday (January 28) charged China’s Huawei Technologies Co Ltd, its chief financial officer, and two affiliates with bank and wire fraud to violate sanctions against Iran in a case that has added to tensions with Beijing.
In a 13-count indictment, the Justice Department said Huawei misled a global bank and U.S. authorities about its relationship with the subsidiaries, Skycom Tech and Huawei Device USA Inc, in order to conduct business in Iran.
In a separate case, the Justice Department also accused Huawei of stealing trade secrets, wire fraud and obstructing justice for allegedly stealing robotic technology from carrier T-Mobile US Inc to test smartphones’ durability.
T-Mobile had accused Huawei of stealing the technology, called “Tappy,” which mimicked human fingers and was used to test smartphones. Huawei has said that the two companies settled their disputes in 2017.
The charges add to pressure on Huawei, the world’s biggest telecommunications equipment maker, from the U.S. government, which is trying to prevent American companies from buying Huawei routers and switches and pressing allies to do the same. — Reuters
by Robie de Guzman | Posted on Friday, June 21st, 2019
China’s President Xi Jinping held talks with North Korean leader Kim Jong Un in Pyongyang as part of his two-day state visit.
They discussed the ‘new era’ of relations between the two countries, as they mark the 70th anniversary since the establishment of diplomatic ties.
Chinese President Xi Jinping arrived in North Korea on Thursday (June 20) as Beijing looks to bolster its neighbor, hit by U.N. sanctions over its nuclear and missile programs, a week before Xi and U.S. President Donald Trump meet amid a bitter trade dispute.
Xi, whose entourage includes the head of China’s state economic planner, will be in reclusive North Korea for two days, becoming the first Chinese leader to visit in 14 years, and could bring fresh support measures for its floundering, sanctions-bound economy.
China is the North’s only major ally and the visit comes amid renewed tension on the Korean peninsula as the United States seeks to persuade Pyongyang to give up its nuclear weapons. (REUTERS)
by Aileen Cerrudo | Posted on Friday, June 21st, 2019
Makabayan bloc believes that the boat captain of the sunken fishing vessel was pressured to change statements after their meeting with Department of Agriculture (DA) Secretary Manny Piñol.
Bayan Muna Partylist Representative Carlos Zarate said the fishermen might have been intimidated or bribed in order to change their statements about the incident.
“There was really a pressure. They are bombarded by so much misinformation. Itinu-twist ang kanilang statement siguro may mga pagbabanta pa and offer of parang bina-bribe bigyan ng mga ganitong bangka etc. but it will not erase the fact, (They twist [the fishermen’s] statement maybe there are even threats and bribes. They may have bribed them with these kinds of boats etc.),” he said.
Outgoing Magdalo Representative Gary Alejano said the Reed Bank fishermen are facing a lot of pressure.
The group Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (PAMALAKAYA-Pilipinas) called for transparency on the closed-door meeting with Agriculture Secretary Manny Piñol.
“We demand an explanation and transparency from Piñol on what actually happened inside that house that led to the complete turnaround on the position of the boat captain on the incident that happened on the night of June 9,” their statement reads.
In a radio interview, Secretary Piñol denied there was any intimidation during the meeting. He said his actions are only brought by good intentions.
Meanwhile, Occidental Mindoro Representative Josephine Sato said there should be a ‘marine inquiry’ on the incident.
“Kami po ay humihiling, sa lalong madaling panahon, na magkaroon ng marine inquiry, (We wish to have a marine inquiry as soon as possible)” she said.
by Robie de Guzman | Posted on Wednesday, June 19th, 2019
Chinese President Xi Jinping held a telephone conversation with his U.S. counterpart, Donald Trump, on Tuesday at the latter’s request.
Trump said he looks forward to meeting Xi again during the upcoming Group of 20 (G20) summit in the Japanese city of Osaka later this month and conducting in-depth discussions on bilateral ties and issues of common concern.
The U.S. side, he added, values its economic and trade cooperation with China, and hopes that the teams on both sides can conduct communication, and find a way to resolve the current dispute as soon as possible.
Trump said he believes the entire world hopes to see the United States and China reach an agreement.
For his part, Xi said some difficulties have recently occurred in China-U.S. relations, which is in the interests of neither side.
Reiterating that both countries gain from cooperation and lose from confrontation, Xi said the two sides should, in accordance with the consensus he has reached with Trump, push forward the China-U.S. relationship featuring coordination, cooperation, and stability on the basis of mutual respect and mutual benefit.
As the world’s two biggest economies, China and the United States should jointly play a leading role in pushing for positive outcomes at the G20 Osaka summit, so as to bring confidence and inject vitality into the global market, added Xi.
The Chinese president said he stands ready to meet Trump in Osaka to exchange views on fundamental issues concerning the development of China-U.S. relations.
On economic and trade issues, Xi stressed, the two sides should solve their problems through dialog on an equal footing, with the key being to accommodate each other’s legitimate concerns, adding that China hopes the U.S. side can treat Chinese firms in a fair manner.
Xi said he agrees to have the two countries’ trade teams maintain contact on how to solve the dispute. (REUTERS)
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