Huawei
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Huawei setting up logistic hub for central, SE Europe in Slovenia
Ljubljana – Chinese company Huawei plans to set up a regional logistic hub in Slovenia for some 19 markets of central and south-eastern Europe. Thus, the flow of its goods through the port of Koper will increase and new storage facilities will need to be built near Ljubljana airport. The multiplicative value of the decision is dozens of millions of euros.
US President Biden Imposes more Sanctions on China
US President Joe Biden is set to ban Americans from investing in dozens of Chinese tech and defence firms with alleged military ties.
The new executive order will come into effect on 2 August, hitting 59 firms including communications giant Huawei. The list of firms will be updated on a rolling basis.
It expands an order previously issued by former President Donald Trump.
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Moldova Aims to Attracts $1 Billion in Chinese Investments
The Moldovan ambassador to Beijing, Dumitru Braghis, told Infotag news agency on Wednesday that Chinese interest in investing in Moldova is growing, partly because of the country's favourable geographical location.
Musk tells China data gathered by Teslas remain secret: Report
Tesla boss Elon Musk strongly denied on March 20 that his cars, which gather large amounts of data, could ever be used to spy on China despite fears raised by Beijing, the Wall Street Journal reported.
US Tightens Restrictions on Dual Use Goods and Technologies, China and Russia Blacklisted
The US has placed export restrictions on more than 100 Chinese and Russian companies with alleged military ties.
US exporters will be required to get a licence before they transfer "designated items" to companies on the blacklist. The list includes a large number of Chinese aerospace companies as well as Russia's foreign intelligence service.
Global smartphone makers plan production in Turkey
Several global smartphone makers, including China's Oppo, South Korea's Samsung as well as Huawei and Alcatel, are planning production in Turkey, Turkish media have reported.
Oppo and Samsung may launch their production in Turkey-based facilities in February or March 2021, according to the daily Milliyet.
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Ghita (Nuclearelectrica):Eximbank USA President's visit to Cernavoda will materialize in implementation options for reactors 3 and 4
The visit of Eximbank USA President Kimberly Reed to the Cernavoda nuclear power plant on Tuesday will materialize in project implementation options for reactors 3 and 4, which Nuclearelectrica will submit to its shareholders' approval as soon as possible, Cosmin Ghita, CEO of the energy producer, told a press conference on the plant's platform.
Week in Review: Obstacle Courses All Around
Tech War
A Romanian man passes in front of a shop window of an Orange store that displays a huge 5G advertisement banner, in Bucharest, Romania, 19 October 2020. Archive photo: EPA-EFE/ROBERT GHEMENT
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Europe can win global battle for industrial data, says EU industry chief
Europe may have lost the battle to create digital champions capable of taking on US and Chinese companies harvesting personal data, but it can win the war of industrial data, Europe's industry policy chief said on Feb. 15.
The United States Extended Huawei's Provisional License for another 45 Days
President Trump's government has announced that it is extending Huawei's provisional license for another 45 days (to allow US companies to find alternatives to the Chinese telecommunications giant, which was considered a security threat to the United States, France Press reported.