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German minister defends Huawei

Bloomberg Economy minister Peter Altmaier defended the German government’s decision not to exclude China’s Huawei Technologies Co over security concerns, citing a similar decision years earlier in the wake of US espionage. Germany didn’t boycott US companies when it surfaced in 2014 that the NSA spied on institutions and individuals in Europe’s biggest economy, Altmaier said on broadcaster ARD. “The ...

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China plans record sale of dollar bonds worth $6bn

Bloomberg China is planning a record sale of sovereign bonds in dollars, with a potential $6 billion offering, according to people familiar with the discussions. The ministry of finance is considering tenors of three years, five years, 10 years and 20 years, according to the people, who asked not to be named as the talks aren’t public. The ministry didn’t ...

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China’s imports of US soybeans drop

Bloomberg China’s imports of US soybeans contracted to the lowest level in three months in October as the world’s biggest buyer delayed unloading of American soybeans at its ports. China’s inbound shipments from the US slumped to 1.15 million tons from 1.73 million tons in September, but were well above the 66,955 tons in October last year, customs data show. ...

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