China has formally moved to counter U.S. sanctions targeting five of its oil refineries, intensifying tensions between the world’s two largest economies over energy trade and the enforcement of unilateral sanctions. In a statement issued by the Ministry of Commerce, Beijing announced a legal injunction prohibiting the recognition or enforcement of U.S. measures imposed on […] Read more
Britain is set to phase out Huawei equipment from its 5G mobile networks this year, the U.K. press reported over the weekend. If so, it marks a major U-turn in the government’s position on the Chinese telecommunications giant. The government is drawing up plans to strip Huawei gear from Britain’s next-generation networks by the end […] Read more
