Huawei

The Moldovan ambassador to Beijing, Dumitru Braghis, told Infotag news agency on Wednesday that Chinese interest in investing in Moldova is growing, partly because of the country's favourable geographical location.

Tesla boss Elon Musk strongly denied on March 20 that his cars, which gather large amounts of data, could ever be used to spy on China despite fears raised by Beijing, the Wall Street Journal reported.

The US has placed export restrictions on more than 100 Chinese and Russian companies with alleged military ties.

US exporters will be required to get a licence before they transfer "designated items" to companies on the blacklist. The list includes a large number of Chinese aerospace companies as well as Russia's foreign intelligence service.

Several global smartphone makers, including China's Oppo, South Korea's Samsung as well as Huawei and Alcatel, are planning production in Turkey, Turkish media have reported.

Oppo and Samsung may launch their production in Turkey-based facilities in February or March 2021, according to the daily Milliyet.

The visit of Eximbank USA President Kimberly Reed to the Cernavoda nuclear power plant on Tuesday will materialize in project implementation options for reactors 3 and 4, which Nuclearelectrica will submit to its shareholders' approval as soon as possible, Cosmin Ghita, CEO of the energy producer, told a press conference on the plant's platform.

Tech War

A Romanian man passes in front of a shop window of an Orange store that displays a huge 5G advertisement banner, in Bucharest, Romania, 19 October 2020. Archive photo: EPA-EFE/ROBERT GHEMENT

Europe may have lost the battle to create digital champions capable of taking on US and Chinese companies harvesting personal data, but it can win the war of industrial data, Europe's industry policy chief said on Feb. 15.

President Trump's government has announced that it is extending Huawei's provisional license for another 45 days (to allow US companies to find alternatives to the Chinese telecommunications giant, which was considered a security threat to the United States, France Press reported.

Chinese telecoms equipment maker Huawei on Wednesday welcomed the European Union's 5G guidelines that are likely to limit its business in Europe, but which fall short of a US call for a total ban.

"This non-biased and fact-based approach towards 5G security allows Europe to have a more secure and faster 5G network," Huawei said in a statement.

[Reuters]

British Prime Minister Boris Johnson said on Monday he would make a decision on Huawei's role in 5G networks that would give consumers the benefits of the new technology without compromising national security.