Forwarded from 📡Guardians of Hong Kong
India blocks China-made wireless device imports: Report
India has held up approvals for import of wifi modules from China for months, driving companies such as United States-based computer makers Dell and HP and China’s Xiaomi, Oppo, Vivo and Lenovo to delay product launches in a key growth market, two industry sources have told the Reuters news agency.
Imports from China of finished electronic devices – like bluetooth speakers, wireless earphones, smartphones, smartwatches and laptops – containing wifi modules are being delayed, the sources said.
Source: Aljazeera #May07
https://www.aljazeera.com/economy/2021/5/7/india-blocks-china-made-wireless-device-imports-report
#India #China #Block #Import
India has held up approvals for import of wifi modules from China for months, driving companies such as United States-based computer makers Dell and HP and China’s Xiaomi, Oppo, Vivo and Lenovo to delay product launches in a key growth market, two industry sources have told the Reuters news agency.
Imports from China of finished electronic devices – like bluetooth speakers, wireless earphones, smartphones, smartwatches and laptops – containing wifi modules are being delayed, the sources said.
Source: Aljazeera #May07
https://www.aljazeera.com/economy/2021/5/7/india-blocks-china-made-wireless-device-imports-report
#India #China #Block #Import
Forwarded from 📡Guardians of Hong Kong
Europe to crank up regulatory pressure on China
This week, the EU will in a far more low-key and technocratic way take a step in a similar direction, as it unveils legislation to crack down on market-distorting subsidies from China and other third countries.
The proposed regulation, first reported by the FT last week, would allow the commission to block takeovers of big EU companies if the purchase was juiced by public handouts from outside the bloc. It would also prevent some procurement bids when competition was warped by taxpayer money.
The rules, championed by Margrethe Vestager, Brussels’ competition enforcer, were drafted with China firmly in mind and will be accompanied by a paper examining the bloc’s ability to stand industrially on its own two feet.
Source : FinancialTime #May03
https://www.ft.com/content/f5211940-c961-4b53-85f2-e826e8b4d878
#Europe #China #Block
This week, the EU will in a far more low-key and technocratic way take a step in a similar direction, as it unveils legislation to crack down on market-distorting subsidies from China and other third countries.
The proposed regulation, first reported by the FT last week, would allow the commission to block takeovers of big EU companies if the purchase was juiced by public handouts from outside the bloc. It would also prevent some procurement bids when competition was warped by taxpayer money.
The rules, championed by Margrethe Vestager, Brussels’ competition enforcer, were drafted with China firmly in mind and will be accompanied by a paper examining the bloc’s ability to stand industrially on its own two feet.
Source : FinancialTime #May03
https://www.ft.com/content/f5211940-c961-4b53-85f2-e826e8b4d878
#Europe #China #Block