Exclusive: Foxconn to shift some Apple production to Vietnam to minimise China risk

TAIPEI (Reuters) – Foxconn is moving some iPad and MacBook assembly to Vietnam from China at the request of Apple Inc, said a person with knowledge of the plan, as the U.S. firm diversifies production to minimise the impact of a Sino-U.S. trade war.

The development comes as the outgoing administration of U.S. President Donald Trump encourages U.S. firms to shift production out of China. During Trump’s tenure, the United States has targeted made-in-China electronics for higher import tariffs, and restricted supplies of components produced using U.S. technology to Chinese firms it deems a national security risk.

Taiwanese manufacturers, wary of being caught up in the tit-for-tat trade war, have moved or are considering moving some production from China to countries such as Vietnam, Mexico and India.

Foxconn is building assembly lines for Apple’s iPad tablet and MacBook laptop at its plant in Vietnam’s northeastern Bac Giang province, to come

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Exclusive: India import hurdles hit Apple iPhone, Xiaomi devices from China -sources

NEW DELHI (Reuters) – India’s tight control of quality clearances for electronic goods from China slowed the import of Apple’s new iPhone model last month and held up other products made by companies like Xiaomi, according to two industry sources.

FILE PHOTO: The Apple logo is displayed at an event at their headquarters in Cupertino, California, U.S. September 10, 2019. REUTERS/Stephen Lam/File Photo

Applications to the quality control agency, the Bureau of Indian Standards (BIS), typically used to be processed within 15 days, but some are now taking up to two months or longer.

BIS started delaying approvals in August for China-made imports of devices like smartphones, smartwatches and laptops, part of the fallout from deteriorating ties with China after a border clash in June that left 20 Indian soldiers dead.

Since the clash India has tightened rules for investments from China and banned hundreds

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China Carbon Developed Latest Carbon-Based Battery Component Product for Mass Production to Expand Alongside EV & Energy Storage Industries

SHANGHAI, CHINA / ACCESSWIRE / November 25, 2020 / China Carbon Graphite Group, Inc. (OTC PINK:CHGI). (“China Carbon” or the “Company”) today announces its subsidiary research and development team, Royal Elite New Energy Science and Technology (Shanghai) Co., Ltd. (“Roycarbon”), together with its manufacturing partner have fully developed their newest carbon-based product. The component product is certified for mass production and qualified as a battery component for grid-scale energy storage systems. China Carbon’s latest product is forecasted to be incorporated in energy solution assemblies of its partners, of which including a most anticipated player in the upcoming energy storage industry that offers further applications in industrial, commercial, as well as residential markets.

The company is also expected to scale up its graphite powder production for prospective increasing demands of EV lithium-ion battery. With the addition of on-going energy storage projects, China Carbon extends its expertise on carbon and

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China beat COVID with science, strong public health measures, not just with authoritarianism

By Elanah Uretsky
 |  Palm Beach Post

I live in a democracy. But as Thanksgiving approaches, I find myself longing for the type of freedom I am seeing in China.

People in China are able to move around freely. Many Americans may believe that the Chinese are able to enjoy this freedom because of China’s authoritarian regime. As a scholar of public health in China, I think the answers go beyond that.

My research suggests that the control of the virus in China is not the result of authoritarian policy, but of a national prioritization of health. China learned a tough lesson with SARS, the first coronavirus pandemic of the 21st century.

How China flattened its curve

Barely less than a year ago, a novel coronavirus emerged in Wuhan, China, with 80,000 cases identified within three months, killing 3,000 people.

In late January 2020, the Chinese government decided to lock

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China Tech Companies To Remain ‘Very Much A Growth Play’ Even Post-COVID-19, Says Credit Suisse



a sign on the side of a building


© Provided by Benzinga



Credit Suisse Group AG (NYSE: CS) expressed an optimistic view of Chinese tech stocks’ growth potential over the next year. The forecast also factors in the recently imposed stringent anti-monopoly laws by the Chinese regulatory authorities, CNBC reports.

The Swiss bank predicts that China will grow by 2.2% in 2020, followed by 7.1% in 2021.

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What Happened: People’s Republic of China is one of the select few countries poised to record a positive GDP in 2020 – an outcome of its efforts to keep the pandemic in check.

CNBC quoted a comment from Credit Suisse’s 2021 outlook, which said that Chinese markets offer “high rates of growth at still attractive valuations.”

While lockdowns have beaten down offline players and brick and mortar stores, tech companies gain more market share. 

Last week, there were reports that Chinese e-tailer Pinduoduo Inc (NASDAQ: PDD) announced it

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China accuses Britain of discriminating with tech ban

China has accused Britain of improperly attacking Chinese tech companies after the British government proposed a law to block market access to telecom equipment giant Huawei and other vendors that are deemed high-risk

BEIJING — China accused Britain on Wednesday of improperly attacking Chinese tech companies after the British government proposed a law to block market access to telecom equipment giant Huawei and other vendors that are deemed high-risk.

The foreign ministry gave no indication whether Beijing might retaliate if the law proposed Tuesday is approved. It would tighten security requirements for next-generation wireless and optical fiber networks and fine violators.

The Trump administration is lobbying European and other allies to avoid Huawei and other Chinese vendors as they upgrade telecom networks. Washington says Huawei, China’s first global

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Exclusive: India import hurdles hit Apple iPhone, Xiaomi devices from China, say sources

NEW DELHI (Reuters) – India’s tight control of quality clearances for electronic goods from China slowed the import of Apple’s new iPhone model last month and held up other products made by companies like Xiaomi, according to two industry sources.

FILE PHOTO: The Apple logo is displayed at an event at their headquarters in Cupertino, California, U.S. September 10, 2019. REUTERS/Stephen Lam/File Photo

Applications to the quality control agency, the Bureau of Indian Standards (BIS), typically used to be processed within 15 days, but some are now taking up to two months or longer.

BIS started delaying approvals in August for China-made imports of devices like smartphones, smartwatches and laptops, part of the fallout from deteriorating ties with China after a border clash in June that left 20 Indian soldiers dead.

Since the clash India has tightened rules for investments from China and banned hundreds

Read More

China demands India rescind app ban amid border tension

China is demanding that India rescind a ban on more Chinese mobile phone apps amid tension between Beijing and other governments over technology and security

BEIJING — China on Wednesday demanded India rescind a ban on more Chinese mobile phone apps amid tension between Beijing and other governments over technology and security.

A foreign ministry spokesman accused India of violating global free-trade rules and discriminating against Chinese companies.

India announced a ban Tuesday on 43 apps, many of them Chinese. It said they threaten India’s “sovereignty and integrity” but gave no details. That came on top of earlier bans on Chinese apps including popular video service TikTok.

“The Indian side should immediately correct this discriminatory practice so as to avoid causing greater damage to the cooperation between the two sides,” said the spokesman, Zhao Lijian.

Zhao called

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China Blockchain Technology Market 2020 Top Countries Data Analysis ,Industrial Statistics, Regional Economy, Development and Forecast to 2023

The MarketWatch News Department was not involved in the creation of this content.

Nov 25, 2020 (AmericaNewsHour) —
Market Synopsis

The China Blockchain Technology Market is estimated to record a significant growth throughout the forecast period. The ICT sector constitutes 4.8% of the European economy. Europe’s organization ERDF i.e. European Regional Development Fund has allotted approximately USD 23 billion for investments related to ICT during the funding period 2014-2020. ICT refers to the communication technologies including the internet, wireless networks, social networking, cell phones, video-conferencing, computers, software, and other media applications and services enabling users to access, retrieve, and manipulate information in a digital form.

Blockchain technology is used to record Bitcoin transactions via a global network of computers. It is a continuously growing list of blocks (records) that are linked and secured using cryptography. Each new block created is connected to the previous block via a aEURoecryptographic HashaEUR. Chinese

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India import hurdles hit Apple iPhone, Xiaomi devices from China, say sources

By Sankalp Phartiyal and Aditya Kalra



logo: FILE PHOTO: The Apple logo is displayed at an event at their headquarters in Cupertino


© Reuters/STEPHEN LAM
FILE PHOTO: The Apple logo is displayed at an event at their headquarters in Cupertino

NEW DELHI (Reuters) – India’s tight control of quality clearances for electronic goods from China slowed the import of Apple’s new iPhone model last month and held up other products made by companies like Xiaomi, according to two industry sources.



a man standing in front of a sign: FILE PHOTO: Attendants are silhouetted in front of Xiaomi's logo in Beijing


© Reuters/Kim Kyung Hoon
FILE PHOTO: Attendants are silhouetted in front of Xiaomi’s logo in Beijing

Applications to the quality control agency, the Bureau of Indian Standards (BIS), typically used to be processed within 15 days, but some are now taking up to two months or longer.

Loading...

Load Error

BIS started delaying approvals in August for China-made imports of devices like smartphones, smartwatches and laptops, part of the fallout from deteriorating ties with China after a border clash in June that left 20 Indian soldiers dead.

Read More