{
Sandra Maler

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US House to Vote on 3 Billion for Removing Chinese Telecom Equipment

The U.S. House of Representatives is poised to vote on a defense bill that allocates over $3 billion to assist telecom companies in removing Chinese-made equipment from American networks, specifically targeting Huawei and ZTE due to security concerns. The comprehensive 1,800-page bill also mandates a report on China's attempts to circumvent U.S. national security regulations and includes an intelligence assessment of China's biotechnology capabilities.
Reuters
ZTE Huawei USA CHN Sandra Maler David Shepardson
Regulatory & Legal, News Article
01:07 08.12.2024

Volkswagen executive Jochen Sengpiehl deported from China after drug test incident

Jochen Sengpiehl, Volkswagen's China chief marketing officer, has been deported to Germany after being detained for approximately 10 days. He reportedly tested positive for drugs following a holiday abroad. The company is conducting an internal review as it faces declining demand in the Chinese market, with deliveries down 15% in the third quarter.
SWI swissinfo.ch
Volkswagen AG CHN DEU Jochen Sengpiehl Sandra Maler Angela Christy Show more
Regulatory & Legal, News Article
21:08 22.10.2024
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