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Tag: Chinese

Huawei: What would happen if the UK ditched the Chinese firm?

Huawei: What would happen if the UK ditched the Chinese firm?

Technology
Huawei's future in the UK is in doubt - again.The consequences could affect how quickly improved internet access is rolled out and how much it will cost. This a time when the country's economy is already in a precarious state because of the coronavirus pandemic.The catalyst for a potential rethink is the US's move to restrict the firm's ability to buy chips, which was justified on "national security grounds".On Sunday, the UK's National Security Centre (NCSC) confirmed it was examining what impact this would have on the UK networks that use Huawei's tech.That sounds quite vague. But it potentially paves the way for a government U-turn.In January, the prime minister gave the green light to continued use of the firm's tech in mobile and broadband networks, ...
Chinese survey team plans to summit deserted Everest

Chinese survey team plans to summit deserted Everest

Technology
A Chinese government-backed team plans to summit Mount Everest this week at a time when the world’s tallest peak has been closed to commercial climbersByThe Associated PressMay 17, 2020, 2:32 AM2 min read2 min readShare to FacebookShare to TwitterEmail this articleBEIJING -- A Chinese government-backed team plans to summit Mount Everest this week at a time when the world's tallest peak has been closed to commercial climbers. Bad weather forced the team charged with measuring the mountain's current height to return to base camp, but they have since taken up their former position, the official Xinhua News Agency reported. As long as the weather holds, the team expects to reach the summit on Friday morning, Xinhua quoted Wang Yongfeng, deputy director of the mountaineering administrative c
Imagination chiefs quit amid threat of Chinese power-grab

Imagination chiefs quit amid threat of Chinese power-grab

Business
Two more of Imagination Technologies' top executives have submitted their resignations in protest at moves by a state-owned Chinese investor to seize control of its board, further destabilising one of Britain's most important technology companies.Sky News has learnt that Steve Evans, chief product officer, and John Rayfield, chief technical officer, both quit early last week amid a growing furore on both sides of the Atlantic about the future ownership of the chip developer. Mr Evans is understood to have said in his resignation letter: "I will not be part of a company that is effectively controlled by the Chinese government."Their expected departures have emerged just 48 hours after the departure of Ron Black, chief executive.The management crisis - which means that one-third of Imaginati...

Sports news LIVE: Premier League talks ongoing with PFA over pay cuts, McGregor lashes out at Chinese government, Anthony Yarde loses another family member

Sports
[unable to retrieve full-text content]We will bring you all the latest sports news and updates on how the coronavirus outbreak continues to affect the sporting calendar.. Headlines: Premier League chiefs reportedly tell players that clubs stand to lose £1.1billion from coronavirus pandemic, no agreement on wage cuts yet Chris Wilder launches passionate defence of Premier League players amid mounting […] talkSPORT
US companies are still betting on Chinese consumers, despite coronavirus impact

US companies are still betting on Chinese consumers, despite coronavirus impact

Finance
An employee works next to shoes on display inside the flagship store of sporting-goods giant Nike in Shanghai on March 16, 2017.Johannes Eisele | AFP | Getty ImagesAmerican companies in China are still betting on the local consumer, even if business disruptions from the coronavirus are dragging down revenues. A survey of 119 companies from March 13 to 18 by the Beijing-based American Chamber of Commerce in China found that the proportion of respondents saying they are experiencing significant revenue declines increased to 50% — that's up from 28% last month. "The consumer sector as we see in this survey has been particularly hard hit," Alan Beebe, AmCham China president, said on a call with reporters Wednesday morning. "(It's) the sector that had one of the largest reve