A push since last year to replace all Western equipment in critical sectors with domestic alternatives 'has re-drawn entire sub-sectors' of China's software industry

The ban could include components already built into the networks, requiring operators to remove and replace them

The memorandum was part of a "comprehensive strategic partnership agreement" King Salman signed with the Chinese President

Consumers tightened their purse strings, and business activity slowed amid China's pursuit of its "zero-Covid" strategy to stamp out infections

The additional funds would bring total cost of purging US networks of telecom equipment that poses a national security risk to $4.9 billion, FCC's Jessica Rosenworcel said.

The Enforcement Directorate (ED) has claimed that smartphone maker Vivo's sales proceeds were transferred out of India to show losses

Frequent investigations into Chinese enterprises not only disrupt their normal business activities [but also] damages goodwill of the enterprises, the Chinese embassy said

The Indian billionaire, who had earlier signalled a greater role within the Reliance Industries empire for his children, appeared to be setting a succession strategy in motion

A video posted online showed a Huawei store in Ordos, Inner Mongolia, ablaze. Witnesses said an Aito M5 displayed in the store was burned to its chassis

At least two-thirds of applications to reimburse US carriers for the 'rip and replace' of China telecom equipment deemed national security threats are deficient, the FCC has told Congress

Authorities said companies would be required to remove their 5G equipment by June 2024 and would not be reimbursed for their expenses

The Chinese telecoms company has been accused by the Enforcement Directorate of making illicit remittances. The Indian agency described its claims of coercion as 'baseless'.