U.S., China trade negotiations could be derailed by diplomatic, legal issues
(Worthy News) – Washington and Beijing labored to keep trade negotiations on track Monday amid diplomatic and legal flaps jolting business relations between the two economic superpowers, including a Chinese court ruling against Apple.
Siding with Qualcomm in a patent dispute, the Fuzhou Intermediate People’s Court in China granted an injunction blocking the import and sale of some iPhones.
The ruling fueled speculation that China was punishing the U.S. company in retribution for the arrest in Canada, at the request of the U.S., of Huawei Chief Financial Officer Meng Wanzhou, the daughter of the company’s founder and a business star in her own right in China. [ Source: Washington Times (Read More…) ]
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