Huawei executive Meng Wanzhou hailed a hero upon return to China
Video Credit: Bleacher Report AOL - Duration: 01:08s - Published
Huawei executive Meng Wanzhou hailed a hero upon return to China
Huawei executive Meng Wanzhou, who spent nearly three years in house arrest in Canada, returned home late Saturday, ending a prolonged extradition fight with the United States and sparking an outburst of national pride in China, where her release has been portrayed as a diplomatic victory for Beijing.
Huawei Overcomes Sanctions , to Net Huge 2023 Profit.
'The Guardian' reports that Chinese telecom firm
Huawei saw faster growth in 2023 than in the four
years prior, shrugging off international sanctions. .
'The Guardian' reports that Chinese telecom firm
Huawei saw faster growth in 2023 than in the four
years prior, shrugging off international sanctions. .
The company reportedly saw
a rebound in the consumer sector that
helped drive revenue up by almost 10%. .
The results suggest that Huawei overcame
the impact of sanctions imposed by
former President Donald Trump in 2019.
At the time, the administration accused the
telecom company of being a threat to national
security, claims which Huawei has denied.
At the time, the administration accused the
telecom company of being a threat to national
security, claims which Huawei has denied.
In 2020, the United Kingdom took similar
measures, looking to remove Huawei from
the nation's 5G infrastructure by 2027.
'The Guardian' reports that despite the
restrictions, 2023 marked the third
consecutive year of growth for the company. .
We’ve been through a lot
over the past few years but
through one challenge after
another, we’ve managed to grow, Ken Hu, Huawei’s chair, via 'The Guardian'.
In 2023, the company's net
profits increased by 144.5%.
Huawei has contributed the stellar results
to the sale of its Honor smartphone brand
which launched in November of 2020.
The company's smartphone business has managed
to thrive despite sanctions which have hampered
Huawei's access to vital chipmaking tools. .
The company's smartphone business has managed
to thrive despite sanctions which have hampered
Huawei's access to vital chipmaking tools.
Credit: Wibbitz Top Stories Duration: 01:30Published
China's leader is anticipated to solidify several agreements with Hungarian Prime Minister Viktor Orbán, further cementing Beijing's economic presence in the region.
Credit: euronews (in English) Duration: 01:43Published
China's President Xi Jinping is embarking on a rare visit to Paris, with French President Emmanuel Macron poised to address pressing issues such as trade imbalances and seek Chinese support regarding the conflict in Ukraine. However, achieving these objectives during Xi's brief two-day visit to France will prove challenging, given the backdrop of escalating trade tensions between Europe and China. France is actively supporting a European Union investigation into Chinese exports of electric vehicles, while Beijing's recent initiation of an inquiry into brandy imports, predominantly from France, is widely perceived as retaliatory. Against this backdrop, Macron's administration is keen to emphasise the necessity of obtaining further assurances from Chinese authorities on trade matters. Xi's visit marks his first trip to Europe in half a decade, underscoring the significance of the occasion.
#XiJinping #EmmanuelMacron #ChinaFranceRelations #TradeTalks #UkraineConflict #RussiaUkraineWar #ChinaEU #Tensions #FranceChinaTrade #Diplomacy #GlobalRelations #LeadershipSummit #InternationalAffairs #Geopolitics #DiplomaticRelations
~HT.178~PR.152~ED.102~GR.124~
India protests Beijing's road construction in Shaksgam Valley, asserting Indian territory. Rejects China-Pakistan Boundary Agreement. Warns of necessary measures.. IndiaTimes
The pair were accused of providing information to Beijing that could be “prejudicial to the safety or interests” of the UK between late 2021 and February 2023.
Credit: euronews (in English) Duration: 01:00Published
Two Canadians detained in China on spying charges have been released from prison and flown out of the country, hours after the chief financial officer of Chinese communications giant Huawei..