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CX Daily: FCC calls Huawei, ZTE security threats as it bars subsidies

Vastiny News

Chinese - July 01, 2020 23:16 - ★★★★★ - 1 rating
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China's central bank further lowers funding costs for smaller firms and rural sectors. Caixin China Manufacturing PMI hits a six-month high. The country's Hawaii raises its duty-free shopping quota. Shanghai is back in major trade shows. Intel halts supplies to a leading Chinese server-maker. Plus, FCC designates Huawei and ZTE as national security threats.

China's central bank further lowers funding costs for smaller firms and rural sectors. Caixin China Manufacturing PMI hits a six-month high. The country's Hawaii raises its duty-free shopping quota. Shanghai is back in major trade shows. Intel halts supplies to a leading Chinese server-maker. Plus, FCC designates Huawei and ZTE as national security threats.