Entries tagged "News"

  • FCC: Huawei, ZTE National Security Threats | July 1, 2020, 9:10 a.m.

    The Federal Communications Commission (FCC) on Tuesday formally designated China's Huawei and ZTE as threats to U.S. national security, a declaration that bars U.S. firms from tapping an $8.3 billion government fund to purchase equipment from the companies, Nikkei reports.

  • India Bans 59 China Tech Apps | June 30, 2020, 9:08 a.m.

    India has banned 59 Chinese mobile apps citing national security concerns following reports that the apps were illegally transmitting user data to servers outside of India, Nikkei reports.

  • Attack on BRI in Pakistan | June 29, 2020, 9:02 a.m.

    Eight people were killed Monday when members of the Baloch Liberation Army (BLA), which is openly opposed to China's Belt and Road Initiative (BRI), attacked the Pakistan Stock Exchange following the recent acquisition of a 40 percent stake in the Exchange by Chinese investors, Nikkei reports.

  • Pompeo: Tide Is Turning on Huawei 5G | June 26, 2020, 9:12 a.m.

    After meeting with Chinese diplomats in Hawaii, U.S. Secretary of State Mike Pompeo stated that "the tide is turning" against Huawei Technologies as some countries, mainly in Europe, are choosing to exclude the Chinese company from their 5G infrastructure, Nikkei reports.

  • "Made-in-Japan" 5G Alliance Announced | June 25, 2020, 9:08 a.m.

    Japanese telecommunications group NTT announced Thursday that it will invest 64.5 billion yen in IT services group NEC to launch what both companies called a "made-in-Japan" alliance in 5G technology, Nikkei reports.

  • China Completes Satellite Project | June 24, 2020, 9:05 a.m.

    China has completed its Beidou satellite system, its answer to the U.S.-based Global Positioning System (GPS), advancing Beijing's effort to cut its reliance on U.S. technology, Nikkei reports. China has exported Beidou products to 120 countries as part of it's Belt and Road Initiative.

  • Green Deals Flourish in SE Asia | June 23, 2020, 9:43 a.m.

    Investment in renewable energy in Southeast Asia is holding up despite the economic pressure of the coronavirus pandemic, with many business buyers seizing chances to lock in low-cost power supplies for the long term, Nikkei reports.

  • India, China Disengage in Himalayas | June 23, 2020, 9:06 a.m.

    India and China on Tuesday agreed to withdraw from a tense standoff along disputed Himalayan territory that started in response to India's construction activity near the border, Nikkei reports.

  • Pakistan Cuts BRI Budget | June 19, 2020, 10:02 a.m.

    Pakistan has reduced its annual allocation to the China-Pakistan Economic Corridor (CPEC) from $241 million last year to $159 million in the budget running to June 2021, Nikkei reports.

  • ADB: Developing Asia's Growth Slowing | June 18, 2020, 7:11 a.m.

    The Asian Development Bank announced that the region is only expected to grow by 0.1 percent this year, the slowest rate since 1961 and a further deterioration from the 2.2 percent projection in April following the spread of the Covid-19 pandemic, Nikkei reports.

  • Coronavirus stalls Belt and Road Projects | June 17, 2020, 7:01 a.m.

    A new report released by analytics company Refinitiv on Tuesday showed a 15.6% drop in the number of new BRI projects announced in the first quarter of this year, compared with the same period in 2019. The value of the projects slid from $386.08 billion to $137.43 billion over the same period, Nikkei reports.

  • China, India Border Clash Intensifies | June 16, 2020, 7 a.m.

    An Indian Army officer and two soldiers have been killed in a clash with Chinese troops on the countries' disputed Himalayan border, where Indian construction has drawn sharp objections from China for the past month, Nikkei reports.

  • China Backs Asian Cryptocurrency | June 15, 2020, 7:06 a.m.

    The Chinese government is expected to endorse a new cryptocurrency backed by a basket of Asian currencies including the digital yuan, marking a new stage in international competition over digital currency adoption, Nikkei reports.

  • U.S Restrictions Complicate Tech Trade | June 12, 2020, 7:13 a.m.

    The U.S. Commerce Department announced in May that it will require companies using U.S. technology to supply Huawei or its affiliates to apply for a license, driving U.S. and Chinese technology supply chains further apart and complicating business for the U.S. semiconductor industry, Nikkei reports.

  • Nepal Weighs U.S., China Aid | June 11, 2020, 7:09 a.m.

    U.S. promises of aid to Nepal have some political officials there worried that such aid could damage the country's blossoming relations with China and its Belt and Road Initiative, Nikkei reports.

  • UK Eyes Japan FTA, CPTPP | June 10, 2020, 7:13 a.m.

    The United Kingdom is seeking a Free Trade Agreement with Japan and CPTPP membership in hopes of lowering trade barriers and increasing cooperation with allies on technology and manufacturing, Nikkei reports.

  • Indonesia Seeks U.S. Investment | June 9, 2020, 7:12 a.m.

    Indonesia is in talks with the U.S. to relocate U.S.companies operating in China to the archipelago, as businesses and governments worldwide look to diversify supply chains in the wake of covid-19, Nikkei reports.

  • Indonesia Brings Japan into Rail Project | June 8, 2020, 6:56 a.m.

    The Indonesian government has begun discussions on possible Japanese participation in a planned high-speed railway between Jakarta and Bandung, hoping to spur progress on the delayed Chinese-led project as costs mount, Nikkei reports.

  • Australia Minimizes Foreign Investments | June 5, 2020, 7:07 a.m.

    Citing the need to balance economic and national security, Australia announced all foreign investors will face greater scrutiny when bidding for sensitive assets, regardless of the size of the deal and whether the buyer is private or state-owned. Chinese companies have been major investors in Australian resources, agriculture and property, Nikkei reports.

  • Malaysia Delays 5G | June 4, 2020, 7:04 a.m.

    Malaysia will have to wait another year before it can roll out 5G services after spectrum allocations were nullified for being in direct conflict with an open and transparent tender process, Nikkei Reports.

  • China, S. Korea Race to 6G | June 3, 2020, 7:01 a.m.

    As fifth-generation wireless networks start to go mainstream, competition to develop 6G has begun, with South Korea's Samsung Electronics and China's Huawei Technologies at the forefront, Nikkei reports.

  • Standoff at India-China Border | May 28, 2020, 9:09 a.m.

    Indian and Chinese troops are engaged in a military confrontation at the Himalayan border, triggered in part by India's construction of roads and airstrips in response to China's Belt and Road Initiative, Nikkei reports.

  • Xi Prioritizes Tech Development | May 27, 2020, 7:04 a.m.

    Xi Jinping announced at this year's National People's Congress that China will maintain a focus on high tech development in areas such as aerospace and semiconductor manufacture, as well as bolstering their 5G telecommunications infrastructure, Nikkei reports.

  • View All Analysis | May 26, 2020, 10:21 a.m.

    Browse our analysis section for news and articles on topics such as China's Belt and Road Initiative (OBOR), the world's evolving digital infrastructure competition, and the stakes for U.S. policy.

  • China to Build Dam in Kashmir | May 26, 2020, 9:06 a.m.

    Pakistan has entered a joint contract venture with China to build a dam in Kashmir, increasing the country's financial ties to China and igniting new tensions with India, Nikkei reports.

  • China Invests in Huawei Supplier | May 22, 2020, 9:36 a.m.

    To counter new U.S. sanctions targeting Huawei's semiconductor chip suppliers, China has invested state funds in domestic chipmaker Semiconductor Manufacturing International Corporation to increase self-sufficiency in semiconductor supplies.

  • Pakistan Bans Party Critical of CPEC | May 21, 2020, 9:05 a.m.

    Pakistan has outlawed a political party critical of the China-Pakistan Economic Corridor (CPEC), a flagship project of China's Belt and Road Initiative, signaling the country's strong ties to Beijing, Nikkei reports.

  • Thailand Leads ASEAN 5G Rollout | May 20, 2020, 9:22 a.m.

    Thailand is leading ASEAN in the provision of 5G services after increased demand for telemedicine, teleworking, and faster internet speeds in light of the Covid-19 pandemic, which has led the country's telecommunications companies to expedite their 5G rollout plans.

  • Samsung Courts Huawei Technology | May 19, 2020, 9:15 a.m.

    South Korean conglomerate Samsung is seeking increased cooperation with Huawei on key technology despite U.S. restrictions and security concerns surrounding the Chinese firm, Nikkei reports.

  • COVID Delays Japan's 5G Rollout | May 18, 2020, 9:42 a.m.

    The rollout of 5G services in Japan, originally planned in March, have been hampered due to the Covid-19 pandemic, Nikkei reports.

  • Sri Lanka Hikes China Debt | May 15, 2020, 9:10 a.m.

    Sri Lanka's decision to borrow a further $80 million from Beijing to finance road improvements has drawn criticism due to the country's already high levels of debt to China, Nikkei reports.

  • Huawei Bolsters Domestic Supply Chains | May 14, 2020, 9:30 a.m.

    In response to economic blacklisting by the U.S. government, Huawei has found alternatives to U.S. sources for many of its technology components and has shifted its supply chains to be more dependent on China, Nikkei reports.

  • China Restricts Foreign Tech | May 13, 2020, 9:30 a.m.

    Starting in June, public infrastructure operators in China will undergo a cybersecurity review which could exclude foreign companies from supplying IT equipment, Nikkei reports.

  • China Extends Lead in 5G Race | May 12, 2020, 9:21 a.m.

    As other countries postpone 5G implementation due to coronavirus, China is closing in on 70 percent of global 5G smartphone contracts, Nikkei reports.

  • BRI Rails Get a Boost | May 11, 2020, 9:28 a.m.

    Supply chain disruptions due to the Covid-19 pandemic have increased traffic along China-Europe rail lines, which Beijing has promoted heavily under its Belt and Road Initiative, Nikkei reports.

  • China Toll Freeze Leads to SOE Losses | May 8, 2020, 9:35 a.m.

    A two-and-a-half-month freeze on tolls in China that was introduced to help combat the coronavirus outbreak has incurred serious financial damage for many of China's road, bridge, and tunnel operators, the bulk of which are state-owned companies.

  • China Tech Expands in Japan | May 7, 2020, 11:13 a.m.

    As global data usage is expected to balloon with the spread of 5G communications, China is stepping up its efforts to provide related technology to Japanese markets, Nikkei reports.

  • Coronavirus Spurs 5G in China | May 6, 2020, 9:20 a.m.

    The COVID-19 crisis has become an opportunity for China to quickly test of 5G applications, spurring both public and private sector investment in 5G infrastructure in 2020 to five times the 2019 level, Nikkei reports.

  • Malaysia, Singapore Delay Rail Project | May 4, 2020, 9:18 a.m.

    Malaysia and Singapore have agreed to postpone the finalization of a long-negotiated rail agreement that has experienced delays since the inauguration of Malaysia's new government in 2018, Nikkei reports.

  • BRI in Africa at Risk | May 1, 2020, 9:19 a.m.

    Plunging oil, copper, and mineral prices could threaten China's $200 billion in investments and loans in Africa, Nikkei reports.

  • U.S. Tech Shaping India's Internet | April 29, 2020, 10:55 a.m.

    How Facebook collaborates and conflicts with India's government on privacy, security, and misinformation will have long-lasting implications for the country's internet, Nikkei reports.

  • Philippines Looks to Infrastructure for Growth | April 28, 2020, 9:56 a.m.

    Philippines president Rodrigo Duterte has doubled down on his "Build, Build, Build" infrastructure investment program in hopes of stabilizing growth following the economic turmoil created by the Covid-19 pandemic, Nikkei reports.

  • BRI Debt Concerns Rise in Djibouti | April 27, 2020, 9:48 a.m.

    Djibouti has become a linchpin in China's Belt and Road Initiative, but the U.S. is concerned that the financial toll of Covid-19 may increase Djibouti's risk of falling into a "debt trap" created by high-levels of Chinese lending, Nikkei reports.

  • China Ramps Up Aid to Pacific | April 24, 2020, 9:49 a.m.

    In the islands of the South Pacific, China has amped up aid and diplomacy during the coronavirus pandemic, accelerating to rival Australia and New Zealand as a major aid donor and trade partner in the region, Nikkei reports.

  • CPEC Construction to Resume | April 23, 2020, 11:37 a.m.

    Despite the pandemic, construction along the China-Pakistan Economic Corridor (CPEC) has been ordered to resume, Nikkei reports.

  • Asian Airlines Flock to Cargo | April 22, 2020, 9:19 a.m.

    In the wake of the COVID-19 pandemic, airlines throughout Asia are shifting from passenger to cargo flights and increasing exports from China, one of world's first economies to begin re-opening, to offset their losses, Nikkei reports.

  • China Expands Digital Markets in India, Europe | April 21, 2020, 11:34 a.m.

    Chinese electronics company Xiaomi is gaining market share in India and Europe and plans to seek up to $1 billion in international bonds and grow its business in 5G, AI, and internet of things (IoT) technology, Nikkei reports.

  • China Invests $28B in Cloud Infrastructure | April 20, 2020, 11:15 a.m.

    Chinese technology giant Alibaba has announced plans to invest $28 billion in cloud infrastructure in response to a growing demand for business software, Nikkei reports.

  • Infrastructure Boosts China's Economy | April 17, 2020, 9:18 a.m.

    China is turning to infrastructure projects to boost its economy in the wake of the coronavirus outbreak, including the construction a 400 km maglev railway between Shanghai and Ningbo, Nikkei reports.

  • Japan Diversifies Supply Chains | April 16, 2020, 9:45 a.m.

    In the wake of the COVID-19 pandemic, several countries are reassessing supply chains dominated by China, including Japan, where Prime Minister Shinzo Abe has pushed companies to diversify, Nikkei reports.