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China joins talks to strike a global digital trade pact

Bloomberg China will join a group including the US and the European Union in negotiating new rules to cover the $25 trillion e-commerce market. The EU and 47 other members of the World Trade Organization (WTO) launched the discussions, according to a statement. If successful, a digital trade accord hashed out through the Geneva-based trade body would establish a baseline ...

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Hon Hai expands in India, Vietnam

Bloomberg Key iPhone assembler Hon Hai Precision Industry Co, also known as Foxconn Technology Group, is increasing its presence in Vietnam and India amid the growing trade spat between the US and China. In a series of filings, the company said it had injected up to $213.5 million into an Indian unit between September and January for “long-term investment,” and ...

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Beijing blasts ‘unfair’ bans on Huawei parts

Bloomberg China’s foreign minister urged countries not to use “fabricated” excuses to block Huawei Technologies Co, as Vodafone Group Plc joined a list of companies that are shunning the telecommunications equipment supplier. “Using national power to tarnish and take measures against a certain company, without any evidence, is both unfair and immoral,” Foreign Minister Wang Yi told reporters as he ...

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