China’s stock market saw lackluster volumes on Wednesday as President Xi Jinping speaks of a “long march” in the trade war. See: How China Is Really Paying For Tariffs — ForbesThis Might Be Huawei's Secret Weapon In Trade War — ForbesIt’s Not A Trade War With China. Apple As Huawei CasualtyASSOCIATED PRESSThe Department of Commerce (DOC) put Chinese tech companies that make surveillance and telecom equipment on notice. According to China’s National Bureau of Statistics, China produced 1.8 billion mobile phones last year, down from 2.3 billion in 2016. It was another record-breaking year for China exports and trade gaps between the two countries.
Source: Forbes May 22, 2019 16:12 UTC