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Trump’s trade truce shows Huawei was political pawn

President Donald Trump’s decision to restart sales of US technology products to Huawei Technologies Co. may ease tensions with China, and even help end the trade war. Yet as far as deals go, this is set to be one of Trump’s worst. It doesn’t stop the technology cold war underway, and weakens the US stance that Huawei isn’t just a ...

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The internet is everywhere, but internet jobs are not

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The internet was supposed to render geography irrelevant. But the corporations that dominate the internet have turned out to be remarkably concentrated, geographically speaking. In internet publishing and web search portals, a somewhat ungainly but very important North American Industry Classification System category, 58 percent of all US jobs in December could be found in just five counties, and more ...

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For China, kicking a $9tn habit is a tough work

Picture taken 13 october 2007, shows a c

So much for deleveraging. China’s biggest shadow lenders are back. On the surface, it may look like regulators have managed to shrink the role of trust companies, after a wide-ranging, mo-nths-long crackdown on China’s financial underbelly. Assets und-er management at these lightly regulated non-bank financial firms – a hybrid of private equity, asset management and lending – posted their first ...

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