Forwarded from 📡Guardians of Hong Kong
U.S. Urges ‘Decisive’ Steps by China to Shift Away From Exports
The U.S. said China continues to focus its policies on exports, and called on its biggest economic rival to implement forceful measures to boost domestic demand.
“China’s recovery has been highly imbalanced” since the hit from the coronavirus pandemic, the U.S. Treasury Department said in its semiannual foreign-exchange report. “Stringent containment measures enabled China to quickly resume manufacturing while domestic consumption lagged.”
Source: Bloomberg #Apr17
https://t.co/0qLDItgCT3
#US #China #Export
The U.S. said China continues to focus its policies on exports, and called on its biggest economic rival to implement forceful measures to boost domestic demand.
“China’s recovery has been highly imbalanced” since the hit from the coronavirus pandemic, the U.S. Treasury Department said in its semiannual foreign-exchange report. “Stringent containment measures enabled China to quickly resume manufacturing while domestic consumption lagged.”
Source: Bloomberg #Apr17
https://t.co/0qLDItgCT3
#US #China #Export
Forwarded from 📡Guardians of Hong Kong
Huawei defense to ask Canada court for delay in CFO's extradition hearings
The defense team for Huawei's chief financial officer, Meng Wanzhou, will ask a Canadian court to delay upcoming hearings in her U.S. extradition case, the court said on Friday.
Meng's U.S. extradition hearings have lasted more than two years and she is scheduled to be back in the British Columbia Supreme Court on April 26.
A source familiar with the matter told Reuters the application was a result of an agreement announced last week in a Hong Kong court between Huawei Technologies Co Ltd (HWT.UL) and HSBC (HSBA.L) regarding publication of internal documents relating to the fraud allegations against Meng
Source: Reuters #Apr17
https://www.reuters.com/world/china/huawei-defense-ask-canada-court-delay-cfos-extradition-hearings-2021-04-16/
#Huawei #Canada #CFO #Meng #US
The defense team for Huawei's chief financial officer, Meng Wanzhou, will ask a Canadian court to delay upcoming hearings in her U.S. extradition case, the court said on Friday.
Meng's U.S. extradition hearings have lasted more than two years and she is scheduled to be back in the British Columbia Supreme Court on April 26.
A source familiar with the matter told Reuters the application was a result of an agreement announced last week in a Hong Kong court between Huawei Technologies Co Ltd (HWT.UL) and HSBC (HSBA.L) regarding publication of internal documents relating to the fraud allegations against Meng
Source: Reuters #Apr17
https://www.reuters.com/world/china/huawei-defense-ask-canada-court-delay-cfos-extradition-hearings-2021-04-16/
#Huawei #Canada #CFO #Meng #US