Solar glass shortage threatens China's plans to be carbon neutral by 2060

 

The world's greatest sunlight based force organization says a lack of glass is raising expenses and deferring creation of new boards, messing up China's arrangements to quicken its work day to clean power.

Costs for glass that coats photovoltaic boards have risen 71% since July, and makers are battling to deliver it sufficiently quick to keep over seven days of deals in stock, as per Daiwa Capital Markets. The lack comes as the sun based industry moves in the direction of bifacial boards, which increment both force yield and glass prerequisites.

Sunlight based board makers like Longi Green Energy Technology Co. have asked the legislature in China, home to most sun powered assembling, to address the circumstance by favoring new processing plants. In any case value climbs hazard making sun based force too costly and stopping the business' energy.

"On the off chance that sunlight based force generators consider sun oriented to be as uneconomical, they will defer putting resources into new activities and that will haul down sun powered interest," said Charles Jiang, senior supervisor of the flexibly chain the executives place at Longi, the world's greatest sun based organization by market capitalization. "Sunlight based force plant benefits will dip under worthy levels without government appropriations if glass producers proceed to push up the expenses."

In 2018, with the energy escalated and contaminating glass industry looking over-limit issues, China's legislature restricted organizations from adding new creation limit. Longi and five other major sun oriented organizations on Tuesday met with government authorities and offered for them to eliminate the limitations, at any rate for sunlight based glass.

Bifacial Panels

Glass request includes additionally been ascending inside the sun based industry due to the expanding noticeable quality of bifacial boards, which cover both the top and base with glass, considering a slight uptick in power age from daylight reflected off the ground. Such boards are required to make up a large portion of the market in 2022, up from about 14% a year ago, as per examiners at Sunwah Kingsway.

Ready for long haul on LAC with China and deployment in harsh winters: Army

 

The top Indian military metal has educated a Parliamentary board that it was prepared for a long stretch on the Line of Actual Control (LAC) with China and is set up for organization in the brutal winters in the Eastern Ladakh area.

While instructions a Parliamentary board, the Indian military metal drove by Chief of Defense Staff (CDS) General Bipin Rawat educated that de-acceleration between the different sides may take a more drawn out time however the Indian side was prepared for any projection and have made courses of action for it in the Ladakh area, sources said.

The CDS and top military officials were advising the board about Chinese hostility along the LAC.

The Chinese had been developing along the outskirt with India in the clothing of an activity and violated into India after quickly moving soldiers from that point in Xinjiang to the Indian front rapidly.

The Chinese have acquired in excess of 40,000 soldiers and have been keeping up that quality since April-May time period.

India and China have additionally held a few rounds of military-level talks yet they have not had the option to make a lot of progress as China is by all accounts purchasing time to pressurize India.

India is likewise solid and steady and has requested that China separate from rubbing focuses and Depsang Plains and has developed intensely to counter any further Chinese misfortune there.

The Indian Army lost 20 fighters in the Galwan valley conflict on June 15 where the Chinese also had endured losses however have not let it be known till now.

The Indian Army has moved in around two extra divisions in the Ladakh part where effectively two developments are conveyed for guarding against both Pakistan and China.

Cybersecurity top priority for Indian CIOs post Covid-19 pandemic: Adobe

As hacking dangers increment from country state awful entertainers from China and North Korea, an amazing 89 percent of CIOs in India state that cybersecurity stays to top speculation territory for them, another Adobe review uncovered on Thursday.
The CIOs from India and Australia re-affirmed that digital security keeps on being one of the most refered to territories for arranged speculation.
Probably the most noticeable territories of cybersecurity related issues for Indian associations were relating to insider dangers (45 percent) and information penetrates (38 percent), said Adobe's 'CIO Perspectives Survey'.
"As we quickly moved from working in an undeniably advanced world to one that is computerized just, CIOs have needed to rotate their procedures to organize the online needs of their clients and representatives," said Scott Rigby, Head of Digital Transformation, Adobe Asia Pacific.
About 98 percent of associations across India have seen Covid-19 effect business working, with CIOs confronting difficulties in helping their groups to convey successfully and having the correct innovation arrangement to guarantee smooth business congruity.
The comparative number of the CIOs asserted their associations are well prepared to work adequately even in a remote setting.
By and large, long haul backing to remote workforce (36 percent), security (35 percent) and Cloud-based figuring (31 percent) were distinguished as key difficulties for associations in India and Australia.

In India, distributed computing (58 percent) and versatility (56 percent) were named as the essential difficulties.

After violent face-off at LAC, China says Indian Army violated consensus

China on Tuesday affirmed that the Indian soldiers twice crossed the fringe on June 15 for criminal operations and incited and assaulted Chinese work force which prompted genuine physical clash between the different sides, challenging the Indian Army's position that the fierce go head to head occurred between the soldiers during the "de-heightening procedure" in the Galwan Valley.
As indicated by the Indian Army, an official and two fighters were killed in Galwan Valley in eastern Ladakh on Monday during the savage go head to head with the Chinese soldiers.
"I am not mindful of the data you gave," Chinese Foreign Ministry representative Zhao Lijian said in Beijing when gotten some information about the reports of the Indian setbacks at the challenged fringes.
"Our outskirt troops had an elevated level gathering and arrived at significant agreement on facilitating the fringe circumstance however incredibly on June 15 the Indian soldiers truly damaged our accord and twice crossed the fringe for criminal operations and incited and assaulted Chinese staff which prompted genuine physical clash between the different sides and China has stopped solid dissent and portrayal with the Indian side," Zhao said.
"We indeed gravely request that the Indian side follow our agreement, carefully manage its bleeding edge troops and don't go too far, don't work up inconveniences or make one-sided moves that may entangle matters," the representative said.
Zhao likewise added that the two sides consent to determine this issue through exchange and conference and put forth attempts for facilitating the circumstance and maintaining the harmony and security along the outskirt zone.
The episode comes days after Indian Army Chief Gen MM Naravane said the two sides have started withdrawing from the Galwan Valley.

The Indian and Chinese armed forces are occupied with a stalemate in Pangong Tso, Galwan Valley, Demchok and Daulat Beg Oldie in eastern Ladakh.

China's May industrial output rises 4.4% as economy struggles to recover

China's mechanical yield extended 4.4 percent in May from a year sooner yet the addition was not exactly expected, official information appeared on Monday, proposing the economy is as yet attempting to refocus after the coronavirus emergency.
Experts surveyed by Reuters had anticipated that development should stimulate somewhat to 5.0 percent from a year sooner as more organizations continued creation, following an ascent of 3.9 percent in April, the main extension since the infection rose up out of China before the end of last year.
Retail deals fell 2.8 percent on-year, more than an anticipated 2.0 percent decrease, yet highlighting a few indications of recuperation in customer request after a 7.5 percent drop in April.
Deals have fallen for four straight months as shops, cafés and other swarmed places shut during the pandemic. In spite of the fact that exacting enemy of infection measures have been loose, shoppers stay attentive.
Fixed resource venture fell 6.3 percent in January-May from a similar period a year ago, contrasted and an estimate 5.9 percent fall and a 10.3 percent decrease in the initial four months of the year.

Private division fixed-resource speculation, which represents 60 percent of all out venture, fell 9.6 percent in January-May, contrasted and a 13.3 percent decrease in the initial four months of the year.

Global refurbished phone market declines 1% in 2019, India sees 9% growth

The worldwide market for renovated cell phones declined 1 percent (year-on-year) in 2019, arriving at a little more than 137 million units, as indicated by another report. A similar market in India, be that as it may, grew a solid 9 percent a year ago.
The worldwide market developed to some degree in the final quarter as Apple redesigns stayed solid however a 1 percent expansion during the second 50% of the year couldn't balance the decrease in the main half, said most recent exploration from Counterpoint's 'Restored Smartphone Tracker'.
"This is the first run through over the most recent four years that the repaired advertise has declined for the entire year. The pattern is for the most part connected with the downturn in new cell phone deals in key locales like the US, China and Europe," said Jeff Fieldhack, Research Director at Counterpoint Research.
Regardless of a decrease in the general market, there were a few development markets like India, Latin America and Africa.
Varun Mishra, Research Analyst at Counterpoint Research said that the refurb environment in these economies is still at an incipient stage.
"As far as cell phones, these business sectors remain underpenetrated. Numerous clients are searching for moderate gadgets to come on the web. The change from include telephones to cell phones and the desire of premium gadgets at a moderate value guide proceed toward fuel development in these business sectors," Mishra said in an announcement.
There is additionally the progressing change of the refurb portion from the chaotic segment to composed in nations like India which is opening chances.

Apple and Samsung kept on commanding the optional market in 2019.

Xiaomi, Oppo to import smartphones to India as plants struggle: Report

China's Xiaomi and Oppo have needed to fall back on bringing some cell phones models into India as their neighborhood get together plants battle to return to typical creation levels, three sources acquainted with the issue said.
The main part of the Xiaomi cell phones sold in India are made by contract maker Foxconn in the southern conditions of Tamil Nadu and Andhra Pradesh, while Oppo amasses its India-made telephones at a plant on the edges of New Delhi.
In spite of the fact that assembling offices in India have been permitted since May to continue tasks, a few cell phone plants are as yet wrestling with work deficiencies making it hard to satisfy need that developed during almost two months of lockdown when deals of telephones were not permitted, the sources said.
It was not quickly clear what number of telephones the Chinese brands are currently bringing in, the sources included, declining to be distinguished as they were not approved to talk about the issue with media.
"This is absolutely to deal with the interest that is there and the way that they (Xiaomi) can't deliver to fulfill need," one of the sources stated, including the imports were a momentary measure until creation and dispersion returns to ordinary.
Xiaomi didn't react to a solicitation for input and Foxconn declined to remark.
In spite of the fact that Oppo's plant revived with diminished staffing on May 7, it needed to close again for over seven days after a few laborers tried positive for the coronavirus.

Oppo India, which is claimed by China's BBK Electronics, declined to remark.

COVID-19, trade war: Manufacturing shift to hit China, but will India gain?

Current Affairs
The unexpected spurt in coronavirus (COVID-19) cases in the course of recent weeks over the globe has not just cast its shadow on worldwide budgetary markets, however has additionally crashed financial movement in significant nations, particularly China, which was in an exchange spat with the United States before the coronavirus' flare-up.
Most experts have reconsidered descending their worldwide development projections as estimated by the total national output (GDP) right now. Various organizations, they state, are presently progressively hoping to enhance their assembling base out of China.
An ongoing report by UBS says various respondents/organizations are hoping to enhance from China, proposing an assembling shift from the nation is progressively auxiliary and long haul in nature. UBS' Evidence Lab's 6th US CFO overview discoveries discharged as of late recommend more than 76 percent of respondents are hoping to move supply anchors as a reaction to protectionist arrangements, for example, exchange duties.
"That separated, 66 percent of the respondents said they are moving creation offices, as well, as a reaction to protectionist arrangements, however this number is lower than 74 percent and 76 percent in the previous two reviews," the UBS report Gautam Chhaochharia, their head of India investigate alongside Dipojjal Saha and Tanvee Gupta Jain says.
Amidst this long haul basic move from China, India has dropped a couple of indents in the organizations' inclination to migrate fabricating, while ASEAN nations have picked up. For India, parts are isolated into assembling and administrations situated.

"10 percent of the respondents are thinking about India for new gradual speculation, contrasted with 14 percent in the previous two reviews....READ MORE

Coronavirus outbreak delays job offers in Asia's biggest financial hubs

Current Affairs
Monetary firms working in Singapore and Hong Kong are postponing contracting as the coronavirus episode upsets their organizations.
Both household and remote establishments have eased back enlistment, as indicated by talent scouts in the monetary center points. They've been affected by isolates, limitations on movement to and from China, remote working game plans and choices not to lead up close and personal meetings.
It's another part of the aftermath from the infection, which has additionally caused plant terminations, upset stockpile chains and started the world's biggest work-from-home investigation. Enrolling has gotten to a lesser extent a need as firms including DBS Group Holdings Ltd. have featured the income effect of exacerbating business conditions.
"Everyone is occupied," said Gurj Sandhu, an overseeing executive at Morgan McKinley Group Ltd. in Singapore. Procuring is tumbling down the "hierarchy," he stated, while including that no one is dropping jobs yet.
Bloomberg talked with six enlistment firms, all of which affirmed the stoppage. Procuring procedures and migration plans are taking longer all things considered organizations in view of calculated challenges. While some budgetary firms are leading meetings by video gathering or telephone, bringing home the bacon is increasingly dangerous, particularly at speculation banks and riches the board units.

Investors are "expensive things," said Hubert Tam, an overseeing accomplice at Sirius Partners Ltd. in Hong Kong. Private banks and speculation banks are holding off on procuring until they can meet applicants face to face, "regardless of whether they performed well a year ago," he said. Likewise, numerous private investors covering China would need to head out to the nation to meet customers and "get their gifts" before they move banks, as indicated by Amod Jain, a Morgan McKinley specialist in Singapore. "Not all things can be finished by telephone."...READ MORE

Japan braces for Q4 GDP slump, decline in output on coronavirus fears

Current Affairs
Japanese policymakers on Friday supported for a sharp withdrawal in October-December development and cautioned of the hit to yield and utilization from the coronavirus episode, flagging alert over an obscuring standpoint for the world's third-biggest economy.
Bank of Japan Executive Director Eiji Maeda said (GDP) may have endured a "major withdrawal" in the last quarter of a year ago because of lazy abroad interest and harm to utilization from a year ago's business charge climb.
"Japan's economy is relied upon to keep extending modestly as a pattern," because of strong capital consumption and government spending, Maeda told parliament.
"Be that as it may, we should be watchful against different dangers, for example, the effect the coronavirus flare-up could have on yield and spending by inbound sightseers," he said. Economy Minister Yasutoshi Nishimura additionally told correspondents the infection flare-up, just as abnormally warm climate that harms offers of winter apparel, were "new factors burdening the economy."
Examiners surveyed by Reuters anticipate that Japan's economy should have shrank an annualized 3.7% in the October-December quarter, which would be the quickest pace of decrease since 2014. The GDP information is expected 8:50 a.m. Monday (2350GMT Sunday). Japan is among nations most exceedingly terrible influenced by the pandemic outside China, with 251 affirmed cases including those on a journey deliver.

A few examiners anticipate that Japan's economy should endure another withdrawal in the flow quarter as China's infection episode harms fares, yield and utilization through a sharp drop in abroad voyagers. The legislature settled on Friday to burn through 10.3 billion yen from spending stores to react to the coronavirus....READ MORE

Coronavirus: Death toll at 361, confirmed cases soars to over 17200

Current Affairs
The loss of life in China's coronavirus scourge taken off to 361 with 57 passings on Sunday alone while the quantity of affirmed cases moved to 17,205, Chinese wellbeing authorities reported on Monday.
China's National Health Commission in its day by day report on Monday said that 2,829 new instances of coronavirus were accounted for across the nation on February 2, taking the absolute number of disease to 17,205.
The loss of life rose to 361 with 57 passings gave an account of Sunday, state-run Xinhua cited the commission's report as saying. Among Sunday's demises, 56 were accounted for from Hubei Province, the focal point of the infection episode, and one from southwest China's Chongqing, the bonus said.
All out 5,173 new presumed cases were accounted for on Sunday, it said.
The general affirmed cases on the Chinese terrain arrived at 17,205 before the finish of Sunday. Additionally on Sunday, 186 patients turned out to be truly sick, and 147 individuals were released from emergency clinic after recuperation. The commission said 2,296 patients stayed torn up pretty bad and 21,558 individuals were associated with being contaminated with the infection.

An aggregate of 475 individuals had been released from medical clinic after recuperation. The commission said 1,89,583 close contacts had been followed, including that among them, 10,055 were released from medicinal perception on Sunday, with 1,52,700 others still under restorative perception. Before the finish of Sunday, 15 affirmed cases had been accounted for in Hong Kong and eight in the Macao SAR and 10 in Taiwan it said. In the interim, China is set to open a 1000-bed stopgap emergency clinic worked in record 10 days at Wuhan, the focal point of the infection flare-up in focal China's Hubei Province.....READ MORE

Coronavirus outbreak: Beijing drug store fined $434,530 for mask price hike

Current Affairs
Japanese Economy Minister Yasutoshi Nishimura on Tuesday cautioned that A medication store in Beijing will be fined 3 million yuan ($434,530) for climbing the cost of face covers by just about multiple times the online cost in the midst of the coronavirus episode, the Beijing civil market controller said on Wednesday.
The controller has given a notification of authoritative punishment to Beijing Jimin Kangtai Pharmacy for pointedly raising the cost of N95 veils, it said in an announcement on its site.
Jimin Kangtai raised the cost of 3M brand veils to 850 yuan for every container, while the cost of a similar kind of covers sold online was 143 yuan for each case, state TV said.
The Beijing city controller has ventured up supervision on costs of scourge defensive types of gear and rebuffed criminal operations, for example, accumulating or manufacturing data about value climbs. It has examined 31 instances of value infringement since Jan. 23, it said.

The coronavirus flare-up, which began in the focal city of Wuhan before the end of last year, has executed 132 individuals and tainted about 6,000 in China...Read More

Japan minister warns coronavirus outbreak may rattle profits, production

Current Affairs
Japanese Economy Minister Yasutoshi Nishimura on Tuesday cautioned that corporate benefits and industrial facility creation may endure a shot from the coronavirus episode in China that has shaken worldwide markets and chilled certainty.
Asian stocks expanded a worldwide selloff as the flare-up in China, which has killed 106 individuals and spread to numerous nations, fuelled worry over the harm to the world's second biggest economy - a motor of worldwide development. "There are worries over the effect to the worldwide economy from the spread of contamination in China, transportation disturbances, crossing out of gathering visits from China and an extention in the Lunar Holiday," Nishimura told a news gathering after an ordinary bureau meeting.
"In the event that the circumstance takes more time to die down, we're concerned it could hurt Japanese fares, yield and corporate benefits through the effect on Chinese utilization and generation," he said. China is Japan's second biggest fare goal and a gigantic market for its retailers. The Chinese make up 30% of all vacationers visiting Japan and spent about 40% of the all out whole outside sightseers utilized a year ago, an industry overview appeared.
The flare-up could hit Japanese retail chains, retailers and inns, which rely on a lift to deals from an inflow of Chinese sightseers visiting during the Lunar Holiday. Automaker Honda Motor, which has three plants in Wuhan, the capital of Hubei territory and the focal point of the episode, plans to empty some staff. Age will close its shopping centers in the city until Thursday.

Financial experts at SMBC Nikko Securities gauge that if a boycott China has forced on abroad gathering visits keeps going an additional a half year, it could hurt Japan's monetary development by 0.05%...Read More

China records first coronavirus death in Beijing as toll climbs to 106

Current Affairs
The new strain of coronavirus spreading across China claimed its first victim in Beijing, officials said on Tuesday, as the death toll climbed to 106, the United States warned citizens against trips to the country and financial markets recoiled again at the potential impact on the world's second-biggest economy.
Amid mounting concern about the virus on Chinese social media, the National Health Commission said in a statement that all but six of those killed by the previously unknown flu-like virus were in Wuhan, Hubei province. Though cases of the virus have been confirmed in other countries, no fatalities have been reported outside China.The city of 11 million, where the virus emerged late last year, is now under effective lockdown. Footage shared on China's Twitter-like Weibo social media platform showed residents of apartment compounds in the city chanting "Wuhan, you can do it!" and singing the national anthem out of their windows.
Tuesday's death toll was up from 81 as of the day before, while the number of total confirmed cases in China surged to 4,515 as of Jan. 27, from 2,835 a day earlier, the National Health Commission said.Global stocks fell, oil prices hit three-month lows, and China's yuan dipped to its weakest level in 2020 as investors worried about damage to the economy from travel bans over the Lunar New Year holiday period, which China extended in a bid to keep people at home.

Officially known as '2019-nCoV', the newly identified coronavirus can cause pneumonia, but it is still too early to know just how dangerous it is and how easily it spreads.U.S. President Donald Trump on Monday offered China whatever help it needed, while the State Department said Americans should "reconsider" visiting all of China due to the virus.Canada, which has two confirmed cases of the virus and is investigating 19 more potential cases, warned its citizens to avoid travel to Hubei province...Read More

Senior Chinese diplomat set for first visit to South Korea in 5 years

International News
A high-ranking Chinese diplomat is visiting Seoul this week for the first time in five years as the two countries seek to improve ties amid a spat over a US anti-missile system in South Korea.
The Chinese government's top diplomat, State Councillor Wang Yi, is set to arrive on Wednesday for a two-day stay, during which he will meet his counterpart, Kang Kyung-wha, and President Moon Jae-in, Seoul officials said.
South Korea sees China as instrumental in reviving stalled denuclearisation talks between the United States and North Korea, a longtime ally of Beijing.
Wang's visit will be his first since a dispute erupted over the installation of the US Terminal High Altitude Area Defence (THAAD) system in South Korea, though he and Kang have talked on other occasions.
The United States and South Korea, meanwhile, have been locked in an increasingly public disagreement over how much Seoul should pay for hosting some 28,500 US troops.South Korea's foreign ministry said Wang's visit would be a chance to bolster relations "for new development," with bilateral and regional issues on the agenda.
Both sides are expected to primarily discuss Moon's planned attendance at a trilateral summit in China with Japan, and a possible visit by Chinese President Xi Jinping to South Korea next year.
Missile tensions

The United States suggested setting up the THAAD system to address North Korea's missile threats, and a total of six interceptor batteries were installed at the southeastern air base of Seongju by 2017.Beijing angrily denounced the move, saying the system's powerful radar could penetrate into Chinese territory and was part of a...Read More

From India to Brazil, emerging markets can shore up global economy

International News
Emerging-economy central banks from India to Brazil still enjoy the firepower to shore up the global economy as their peers from developed markets take to the sidelines.
While policy makers at the Federal Reserve and European Central Bank are seemingly set to keep interest rates on hold, many of their developing nation counterparts have room to cut further. That should help support the world economy amid its weakest expansion in a decade.
“In most cases, emerging markets are now in the comfortable position to be able to cushion an economic downturn with monetary easing,” Ulrich Leuchtmann, head of currency strategy at Commerzbank AG in Frankfurt, said in a report this month. “This easing of monetary policy is likely to give a lift to EM economies, and this would also be positive for developed countries.”
Faster Growth
That outlook was underscored this week by Morgan Stanley economists, who predicted emerging markets will grow 4.4% next year, more than three times the 1.3% rate anticipated in the Group of 10 economies.
After 20 of the 32 central banks monitored by the bank eased policy in 2019, its economists forecast 13 will do so in 2020 with the cuts concentrated in emerging markets helping to reduce the global weighted average policy rate to a seven-year low by March. India, Brazil, Indonesia and Turkey can all strike if they need to.

With some hints of growth stabilization on signs that the U.S. and China are warming ties on the trade-war front, fund managers see more reasons to park their cash back in emerging markets. The International Monetary Fund also sees them as the primary drivers of the global economy while advanced economies linger in sub-3% territory.....READ MORE

Ford Motor likely to make its new electric Mustang Mach-E in China

International News
Passage Motor is thinking about making its new electric Mustang Mach-E in China, contingent upon how the exchange war among Washington and Beijing plays out, CEO Jim Hackett said.
"We have to decide if the duties are settled. What's more, it would be extraordinary" on the off chance that they were settled, Hackett told Bloomberg after a dispatch occasion for the vehicle in Los Angeles.
"We have an arrangement to work there in the event that we need to." In a prior meeting with Bloomberg TV, Hackett said he accepted there would be great interest for the vehicle in China. "I'm grinning since China has a command for jolt, so the Mach-E has a job in that," he said.

While Ford is building the Mach-E in Mexico, Hackett said the organization utilizes a greater number of laborers in the US than its rivals....READ MORE

Huawei, ZTE corp threaten our national security, says US attorney general

International News
Huawei Technologies Co and ZTE Corp "cannot be trusted," US Attorney General William Barr said, labelling the Chinese firms a security threat as he backed a proposal to bar US rural wireless carriers from tapping an $8.5 billion (£6.64 billion) government fund to purchase equipment or services from them.
The Federal Communications Commission will vote on Nov. 22 and is proposing requiring the carriers to remove and replace equipment from the companies. Barr said in a letter to the FCC released on Thursday that "their own track record, as well as the practices of the Chinese government, demonstrate that Huawei and ZTE cannot be trusted."He added that "we should not signal that Huawei and ZTE are anything other than a threat to our collective security, for that is exactly what they, through their actions, have shown themselves to be."
Huawei and ZTE did not immediately comment.
Barr noted that federal prosecutors charged Huawei with violations of the US embargo on Iran, bank fraud, obstruction of justice and trade secret theft. ZTE pleaded guilty in 2017 to illegally sending approximately $32 million in US goods to Iran.FCC Chairman Ajit Pai said the commission "cannot ignore the risk that the Chinese government will seek to exploit network vulnerabilities in order to engage in espionage, insert malware and viruses, and otherwise compromise our critical communications networks."
The move is the latest US action aimed at barring US companies from purchasing Huawei and ZTE equipment. Huawei said last week that "in 30 years of business, Huawei has never had a major security-related incident in the 170 countries where we operate."

The US government added Huawei to its economic blacklist in May, saying the Chinese company was involved in activities contrary to US national security....READ MORE

Chinese students flee Hong Kong as campuses turn into battlegrounds

International News
Having fled Hong Kong universities they had thought were a ticket to success, Chinese students from the mainland sit in hostels and noodle shops in the neighbouring city of Shenzhen wondering how they'll complete their studies.
With campuses turned into blazing battlegrounds, courses cancelled and anti-China sentiment growing more virulent, students from mainland China are getting out of Hong Kong with little idea if they will ever go back.
"It's really just not safe any more and I don't see it getting any better," said one twentysomething student leaning on a suitcase outside a restaurant in Shenzhen, which abuts Hong Kong.
Fears intensified this week because of a widely circulated video of a mainland student being beaten by protesters at the Hong Kong University of Science and Technology. Anger boiled over there following after the death of a student who fell from a car park as police used teargas against protesters.
"The discrimination towards mainlanders is growing worse," said 22-year-old Frank, a postgraduate student who had just left the university for Shenzhen. "They're so prejudiced towards us mainlanders and that's not going to change, so why go back?" Before anti-government protests erupted in Hong Kong more than five months ago, there were some 12,000 students among more than one million mainland Chinese living in Hong Kong, according to official figures.
The pace of departures accelerated this week as intensifying violence turned campuses into nightmarish scenes of blazing petrol bombs and swirling teargas.

Dozens of mainland students from the Chinese University of Hong Kong were so fearful they called police and fled by police boat from a dock near the Sha Tin campus on Wednesday to avoid having to use roads blockaded by black clad protesters....READ MORE

India's last-minute demands for concessions might jeopardise RCEP deal

Technology
India keeps making last-minute requests after it agreed to terms for the world’s largest regional trade agreement, potentially preventing Asian leaders from announcing a breakthrough on the 16-nation pact during a summit in Bangkok next week, people familiar with the situation said.
In recent days, India angered other negotiators by making additional requests on the China-backed pact covering half the world’s population, said the people, who asked not to be identified because the talks are private. Leaders of the countries had planned to announce a preliminary deal on Nov 4 when leaders gather for meetings hosted by the Association of Southeast Asian Nations, they said.
Chief negotiators are still confident they can reach a broad agreement on the deal, known as the Regional Comprehensive Economic Partnership (RCEP), during a planned meeting on Thursday in Bangkok, the people said. Any announcement would pave the way for nations to finalize the details on the legal framework in the coming months.
A breakthrough after seven years of talks would mark a win for trade liberalization in an era of rising tariffs and resurgent nationalism. The deal would also further integrate Asia’s economies with China at a time when US President Donald Trump is seeking to convince the region to shun Chinese infrastructure loans and 5G technology.

India, which has raised some tariffs under Prime Minister Narendra Modi, has long been the main holdout on an RCEP deal due to strong domestic opposition over fears the country would be flooded with cheap Chinese goods.India DemandsModi, who is fresh off a landslide re-election win in May, agreed to move ahead with the deal after receiving personal assurances from Chinese President Xi Jinping in an informal seaside meeting earlier this month, an Indian official said...READ MORE