The UN headquarter in New York City. [Photo/VCG]
The US has repeatedly claimed – without providing proof – that Huawei products may have a backdoor that makes it possible for them to be used for intelligence gathering. It has banned Huawei components from US networks and wants its allies to follow suit.
The US stock market bubble that's built up in past years will be punctured. The upcoming trade war will intensify Wall Street's anxiety and cause the market to dive.The reasons that Wall Street objects to Trump's protectionism policy are not only to preserve free trade, but also to keep their profits. In the US, almost all large multinationals are listed on the stock markets. Nearly 40 percent of profits of the companies on the S&P 500 are from areas outside of the US. These companies' profits will be reduced, or even wiped out, to result in shaking the cornerstone of the stock market once the trade war has started.
The US startup has not wasted any time since it entered the Chinese mainland in late April. It premiered its beef substitutes to much fanfare through a partnership with coffee chain Starbucks and followed that with a collaboration with Yum China in June. Thanks to the team-up, the company rolled out its meatless meat at selected KFC, Pizza Hut and Taco Bell outlets in a number of Chinese cities for a limited time. The same month, it inked an agreement with imported food distributor Sinodis, giving its products access to a network of 4,500 restaurant chains, hotels, and caterers.
The US-based nuclear energy company said it is looking forward to more cooperation in the nuclear sector with Chinese partners as power demand in the country is spurred by economic growth and concerns over environmental protection increase.
The UK, which voted to leave the European Union last year, was the second-most popular destination, as it has been for three years.
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The UK has embarked on its on-and-off highway trials of autonomous vehicles and it might be possible for the country to spread it as far as the airport.
The United States' capricious way of policymaking and holding "big sticks" for negotiations will do no good in solving problems and China has to take strong countermeasures. [Photo/VCG]
The United States has also been a key partner in Chinese science projects, he said. However, the current US administration has not renewed the Sino-US Science and Technology Cooperation Agreement-the bedrock of Sino-US science diplomacy signed in 1979.
The United States has for the past several months been wielding a tariff stick against economies including the European Union, Canada and China.