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Huawei built three-month stockpile ahead of US ban

Bloomberg Huawei Technologies Co has stockpiled enough chips and other vital components to keep its business running for at least three months as the US curtails its access to American technology, people familiar with the matter said. The Trump administration blacklisted China’s largest tech company — which it accuses of aiding Beijing in espionage — threatening to cut off the ...

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Singapore urges US to accept China as its competitor

Bloomberg Singapore urged the US to allow China to have a greater say in shaping global rules to avoid a prolonged clash that could force smaller countries to choose between the world’s biggest economies. Speaking to an audience in Washington, Foreign Minister Vivian Balakrishnan said it won’t work to view China as an adversary that must be contained and called ...

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Reliance Capital protests downgrade, to cut debt 50%

Bloomberg Reliance Capital Ltd, Anil Ambani’s financial services company, protested against a three-step downgrade by Care Ratings that put its credit score two notches above junk. Care Ratings cut the firm’s long-term debt programme to BBB from A and kept it on credit watch with developing implications, according to statements from Reliance Capital and the rating company. Reliance Capital said ...

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