News 

Trump downplays March 1 deadline for China to make trade concessions

“President Trump downplayed the March 1 deadline for China to make trade concessions Tuesday, suggesting that the date is not a major factor in talks between the countries” reports washingtonexaminer.com. The date is not a magical date,” Trump told reporters when asked if the administration could complete the talks by the original deadline.Last week, administration officials began leaking to news outlets that that it may no longer hold to March 1 as the deadline. On Friday, Trump confirmed that the deadline could be disregarded, telling reporters that “there is a…

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‘Ivory Queen’ gets 15 years in jail for smuggling tusks

“In March 2016, Tanzania sentenced two Chinese men to 35 years each in jail for ivory smuggling, while in December 2015, another court sentenced four Chinese men to 20 years in jail each after they were convicted of smuggling rhino horns” reports nypost.com. DAR ES SALAAM — A prominent Chinese businesswoman dubbed the “Ivory Queen” was sentenced to 15 years in prison by a Tanzanian court on Tuesday for smuggling the tusks of more than 350 elephants, weighing nearly 2.2 tons, to Asia.Yang Feng Glan had been charged in October…

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Chinese government doesn’t get involved in Huawei’s business: German boss

“FILE PHOTO: The logo of Huawei Technologies is pictured in front of the German headquarters of the Chinese telecommunications giant in Duesseldorf Thomson Reuters BERLIN (Reuters) – The head of China’s Huawei Technologies in Germany told a German newspaper that the Chinese government does not get involved in the company’s business, adding the firm would work on being open and transparent in the debate about security of mobile networks” reports businessinsider.com. “The state does not have a stake in Huawei and it keeps out of our business,” Dennis Zuo, the…

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GBP News 

China accuses US of trying to block its tech development

“No country in Europe, however, has issued a blanket veto on using Huawei technology in the way the U.S. has urged” writes Joe Mcdonald for suntimes.com. Britain’s National Cyber Security Centre acknowledged last summer that it had concerns about the engineering and security of Huawei’s networks.The U.S. government is trying to “fabricate an excuse for suppressing the legitimate development” of Chinese enterprises, said the spokesman for the Chinese foreign ministry, Geng Shuang.China’s government on Monday accused the United States of trying to block the country’s industrial development by alleging that…

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Cabinet row breaks out over Huawei’s alleged links to Chinese intelligence 

“Tensions have emerged in Cabinet over how to respond to the security risks posed by the Chinese Telecoms giant Huawei amid signs that spy chiefs believe any problems posed by the company are manageable” writes Vernon Bogdanor for telegraph.co.uk. The Commons science and technology committee wrote a month ago to Jeremy Wright, the culture secretary, Jeremy Hunt, the foreign secretary, and Gavin Williamson, the defence secretary, to seek reassurances about the risks from the firm. Norman Lamb, the Liberal Democrat chairman of the committee, asked each of them if they…

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Chinese and Iranian hackers increase cyber attacks on US

“Chinese and Iranian hackers have been aggressively targeting US businesses and government agencies because of Donald Trump’s ongoing conflicts with the two countries, the New York Times has reported” writes Stephen Bush for telegraph.co.uk. According to the newspaper, dozens of US banks, businesses and government offices have been hit amid a marked increase in cyber attacks.It follows a report by US intelligence chiefs last month, which warned that China, Iran, North Korea and Russia, the country’s main cyber adversaries, “increasingly use cyber operations to threaten both minds and machines in an expanding number…

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Markets News Stocks 

Associated Press & MarketWatch

“Optimism surrounding U.S-China trade talks boosted indexes on Friday” reports etfdailynews.com. From Associated Press & MarketWatch : Asian markets were broadly higher on Monday as traders looked forward to the continuation of trade talks between Chinese and American officials in Washington this week.Investors were worried about progress on thorny issues like Washington’s unhappiness over Chinese technology and trade policies.Year-to-date, VPL has declined -9.77%, versus a 4.35% rise in the benchmark S&P 500 index during the same period.U.S. markets are closed Monday for Presidents Day. Source: etfdailynews.com

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Chinese province bans app-based homework to save students’ eyesight

“Zhejiang province issued a draft regulation last week and is undergoing a public consultation” writes Vernon Bogdanor for telegraph.co.uk. It is hoped the rule limiting screen time at school will bring those rates down.Along with banning app-based homework assignments, the Zhejiang regulation would limit the use of electronic devices to 30 percent of total teaching time and instead encourage homework to be completed by hand on paper. Source: telegraph.co.uk

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UK security chiefs: Huawei risk in 5G can be contained

“UK security chiefs have advised that the risk of using Huawei technology in the new superfast 5G could be contained despite US warnings about opening the telecoms network up to Chinese cyber-espionage, according to sources” writes Rowena Mason for theguardian.com. A NCSC spokesperson said:“The National Cyber Security Centre is committed to the security of UK networks, and we have a unique oversight and understanding of Huawei engineering and cyber-security. “As was made clear in July’s Huawei Cyber Security Evaluation Centre (HCSEC) oversight board, the NCSC has concerns around Huawei’s engineering…

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UK concludes using Huawei in 5G is a manageable risk, report says

“The British government has reportedly concluded that any risks from the use of Huawei equipment in its 5G networks can be mitigated” writes Michelle Meyers for cnet.com. US officials have reportedly met with representatives of the European Commission to warn them that the Chinese government could use Huawei equipment for spying.Preceding this was a year of warnings from the US against Huawei, for fear of the company’s coziness with the Chinese government, which raised concerns over espionage.The conclusion runs contrary US State Department efforts discouraging European countries preparing for the rollout…

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