Some of the foreign booths at the China Hi-Tech Fair 2019. Photo: Coco Feng
Shenzhen tech fair a window into how Chinese firms are reducing reliance on US, reaching out to Europe
- The reduced US presence was made up for elsewhere, with a record 44 foreign delegations attending
- As trade tensions escalate, Washington has curtailed China’s access to American technology, prompting some mainland companies to reach out to Europe
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US-China trade war
Some of the foreign booths at the China Hi-Tech Fair 2019. Photo: Coco Feng
US President Donald Trump speaking in New York on Tuesday. Photo: AP
China warned of ‘substantial’ trade war tariff increases by US President Donald Trump if deal is not reached
- In a speech in New York, the US president reiterates that scheduled 15 per cent tariffs will be imposed on December 15 if a deal is not reached
- Interim agreement expected to include a US pledge to scrap tariffs scheduled for December 15 on about US$156 billion worth of Chinese imports
Topic |
US-China trade war
US President Donald Trump speaking in New York on Tuesday. Photo: AP