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Media Report
January 15 , 2019
  • CNBC reports, "Huawei would never allow China's government to access customer data, even if Beijing requested it, the CEO and founder of the company repeatedly emphasized Tuesday, amid continued political pressure on the Chinese technology giant. In a rare sit down with international media, Ren Zhengfei addressed concerns raised by the U.S. government, which has warned that the company's equipment could allow the Chinese government to have a backdoor into a nation's telecommunications network. Ren, speaking Mandarin and using a company-provided translator, told the group that Huawei has never handed data to Beijing. 'When it comes to cybersecurity and privacy protection we are committed to be sided with our customers. We will never harm any nation or any individual,' Ren told the journalists assembled at Huawei's headquarters in Shenzhen, China."
  • Reuters reports, "China denounced Canada on Tuesday for 'irresponsible' remarks after Canadian Prime Minister Justin Trudeau accused it of 'arbitrarily' sentencing a Canadian to death for drug smuggling, aggravating already icy relations. The two countries have been at odds since early December, when Canadian police arrested Meng Wanzhou, chief financial officer of Huawei Technologies Co Ltd, on a U.S. extradition request as part of an investigation into suspected violations of U.S. trade sanctions. Days later, China detained two Canadians on suspicion of endangering state security - former diplomat Michael Kovrig and business consultant Michael Spavor."
  • The Wall Street Journal reports, "President Trump on Monday said that China is feeling the pain from U.S. tariffs, boding well for a trade deal, but talks so far between the two nations haven't yielded concrete results. 'We're doing very well with China. They're having a hard time with their economy because of the tariffs,' Mr. Trump told reporters before leaving for a speech in New Orleans, where he was scheduled to address the American Farm Bureau Federation. 'We are getting things that before I became president, you would have had no chance of getting,' Mr. Trump said. 'I think we're going to be able to do a deal with China.' While U.S. tariffs on Chinese imports have put pressure on China's weakening economy, retaliatory tariffs on U.S. agriculture exports imposed by China have also punished U.S. farmers, who so far have stuck with the administration politically. The Trump administration's tariffs have raised costs on U.S. importers, some of whom have begun passing those along to American consumers."

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