China’s new security law has sent a chill through Hong Kong’s schools and universities, with many teachers fearful the city’s reputation for academic freedom and excellence is now at risk.
China stringent NSL in semi autonomous Hongkong results in China trade takes beating in covid pamdemic embattle globe. Is China on way out trade fall with its expansion cost escalating in EU, Africa, Australia and Asia.
Huawei business a pivotal issue in the geopolitical war between China and the US, which claims that the firm poses a significant cybersecurity threat.
Trump welcomed Britain’s decision to block Huawei from its 5G network, and says he personally persuaded “many countries” to boycott the Chinese tech giant.
The US has also requested the extradition of Huawei executive Meng Wanzhou on fraud charges, worsening relations between China and Canada, where she is currently under house arrest.
Beijing suggested that Britain might face further repercussions for the move, and warned Chinese companies to think twice about investing there.
Over the past decade, successive UK governments have encouraged the growth of economic ties between Britain and China, which have become more crucial as London finalises its departure from the European Union.
“This is an issue that seriously threatens the security of Chinese investment in the UK, and is also a question of whether we can trust the UK market to remain open, fair and free from discrimination,” said Hua.
“We have also reminded all Chinese enterprises to attach great importance to the increasing political security risks they face when conducting business in the UK.
Beijing lashed out Wednesday at Britain’s decision to ban Huawei equipment, saying London had become “America’s dupe” and vowing to take measures to protect the interests of Chinese companies.
The British government bowed to growing US pressure and pledged Tuesday to remove Chinese telecoms giant Huawei from its 5G network by 2027, despite warnings of retaliation from Beijing.
“China will fully and solemnly assess this matter, and will take a series of necessary measures to safeguard Chinese companies’legitimate rights and interests,” Chinese foreign ministry spokeswoman Hua Chunying said at a routine briefing.
“Any decisions and actions (by Britain) must come at a cost,” Hua said, without elaborating.