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Media Report
June 06 , 2018
  • The New York Times：What Facebook Shared With Chinese Hardware Companies: DealBook Briefing
    The New York Times reports: "An NYT investigation shows that the Chinese hardware manufacturer Huawei, which has a cozy relationship with Beijing, was one of four Chinese companies that Facebook gave access to its users' personal data. Facebook officials said the agreements with the Chinese companies allowed them access similar to what was offered to BlackBerry, which could retrieve detailed information on both device users and all of their friends — including religious and political leanings, work and education history and relationship status. According to Facebook, the user data stayed on phones and never reached those companies' servers."
  • CNBC：'Pragmatic' Beijing is what's stopping US and China from a 'blow up,' former central banker says
    CNBC reports: "Among the countries that the U.S. has taken issue with, China has stood out for knowing how to handle President Donald Trump's administration to avoid worsening conflict, former Indian central bank governor Raghuram Rajan said Tuesday. In fact, Rajan said at the Nomura Investment Forum in Singapore, it's the pragmatism on the part of the Chinese leadership that has prevented tensions between the world's two largest economies from escalating. Trump has said unfair Chinese practices are to blame for the wide trade balance between the two countries and has accused the Asian economic giant of stealing intellectual property from American firms. Beyond that, both countries have also clashed over China's militarization of disputed islands in the South China Sea."
  • Fortune：China's ZTE Has Reportedly Struck a Preliminary Rescue Deal With the U.S.
    Fortune reports: "The Chinese telecommunications giant ZTE has reportedly struck a preliminary agreement with the U.S. Commerce Department, so it can move towards getting back into business after a ban on purchasing American components and software. Reuters is reporting that there is now an "agreement in principle," although the Commerce Department says "no definitive agreement has been signed by both parties." The deal apparently includes a massive fine for ZTE's non-compliance with an earlier settlement over its breaking of Iran sanctions, as well as the replacement of its management team."
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