HONG KONG - Seething unrest in Hong Kong is taking on a more stridently anti-Chinese tone, with the target of public anger shifting from the city's leaders to direct symbols of Beijing's rule and the huge influx of mainlanders. The chants directed at Beijing's egg-splattered Liason Office on Sunday night were a vivid rebuke to China as the semi-autonomous finance hub entered its seventh straight week of anti-government protests that show no sign of abating. "Reclaim Hong Kong, the revolution of our time," the crowds shouted, spraying the same slogan on nearby walls. The phrase was the campaign slogan of Edward Leung, a leading pro-independence activist currently in jail for rioting. "He proposed the idea of a Hong Kong nation. That Hong Kong people belong to the same ethnic group, and that has brought together Hong Kong people's inward forces," a 29-year-old man surnamed Cheng told AFP after the Liason Office protest moved into nearby streets on Sunday night. "He is a kind of a … [Read more...] about Hong Kong protest anger targets symbols of China’s rule
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Apple Inc. has a backup plan if the US-China trade war gets out of hand. The Cupertino, Calif.-based company’s primary manufacturing partner has enough capacity to make all iPhones bound for the U.S. outside of China if necessary, according to a senior executive at Hon Hai Precision Industry Co. The Taiwanese contract manufacturer now makes most of the smartphones in the Chinese mainland. China is a crucial cog in Apple’s business, the origin of most of its iPhones and iPads as well as its largest international market. But President Donald Trump has threatened Beijing with new tariffs on about $300 billion worth of Chinese goods, an act that would escalate tensions dramatically while levying a punitive tax on Apple’s most profitable product. Hon Hai, known also as Foxconn, is the American giant’s most important manufacturing partner. It will fully support Apple if it needs to adjust its production as the U.S.-Chinese trade spat gets grimmer and more … [Read more...] about Apple’s US iPhones can be made outside of China if needed
SAN FRANCISCO: Apple is seen as a prime target for retaliation over US moves against the Chinese tech giant Huawei, but the roots planted by the company in China should help it weather the storm, analysts say. While Beijing may take aim at Apple in the countries’ high-stakes trade war, experts believe that the company’s size, cachet, and years spent cultivating business relationships in China should protect it from any direct retaliation. “As the US pounds on Huawei, Apple is the likely target for China to pound back,“ technology analyst Rob Enderle of Enderle Group said. “As the trade war accelerates, then Apple and Huawei are the two firms likely to get the damage,“ he said. Huawei has been thrust to the center of escalating tensions between the world’s two top economies, which have exchanged tariffs on hundreds of billions of dollars in two-way trade. President Donald Trump’s administration has infuriated Beijing by blacklisting the … [Read more...] about Will Apple’s roots in China hold fast amid political storm?
Apple Inc on Sunday said that it has already recruited over 1,000 people in its four research and development centres in China, as part of the United States tech giant's broader push to better leverage local talents to grow its business. This marks the first time for Apple to disclose updates of its R&D centres in China after the company announced its plan of building R&D facilities in Beijing, Shenzhen, Shanghai and Suzhou more than two years ago. "We are continuing grow the scale of the fourcs in China and welcome more talents to join us," Isabel Ge Mahe, managing director of China at Apple, said. Ge made the remarks on the sidelines of the China International Big Data Industry Expo 2019, which kicked off in Guiyang, Southwest China's Guizhou province, on Sunday. Apple said earlier it has committed to invest 3.5 billion yuan (S$698 million) in these R&D centres, so as to better tap into China's talents in manufacturing, app development, design and other sectors. According … [Read more...] about Apple has over 1,000 people in its four China R&D centres
WASHINGTON - The United States and China both moved closer to escalating trade tensions, with Washington filing a formal notice on Wednesday (May 8) that it would raise tariffs on Chinese goods on Friday and Beijing declaring it would respond in kind. Their hardline stances make it increasingly unlikely that this week's trade talks will break the impasse and de-escalate tariffs. They also underscore just how far apart Washington and Beijing are on their deep-seated trade differences, despite recent optimism that trade negotiations were in the endgame stage. Behind many key sticking points are years of entrenched economic policies and very different priorities of the American and Chinese economies and companies, said experts. America's demands, built on years of frustration with Chinese practices that disadvantage foreign companies, may now be asking China to do too much too quickly. But even if the trade deal is sealed, experts do not foresee a quick change in behaviour from Beijing. … [Read more...] about Why and where the US and China have trouble agreeing on trade