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Editorial Results (free)

1. Security firm says Chinese hackers intercepted text messages -

WASHINGTON (AP) — Chinese hackers with a history of state-sponsored espionage have intercepted the text messages of thousands of foreigners in a targeted campaign that planted eavesdropping software on a telecommunications provider's servers, a cybersecurity firm said.

2. Security firm says Chinese hackers intercepted text messages -

WASHINGTON (AP) — Chinese hackers with a history of state-sponsored espionage have intercepted the text messages of thousands of foreigners in a targeted campaign that planted eavesdropping software on a telecommunications provider's servers, a cybersecurity firm said.

3. China accuses US of 'economic bullying' over equipment ban -

BEIJING (AP) — China on Tuesday accused the U.S. of "economic bullying behavior" after U.S. regulators cited security threats in proposing to cut off funding for Chinese equipment in U.S. telecommunications networks.

4. US proposes cutting off funds for Chinese telecom equipment -

U.S. regulators have proposed cutting off funding for Chinese equipment in U.S. telecommunications networks, citing security threats.

The Federal Communications Commission will vote next month on a proposal to bar telecom companies from using government subsidies to pay for networking equipment from Huawei and ZTE. The move mostly affects small, rural companies, as larger U.S. wireless companies do not use equipment from those Chinese companies.

5. US, China appear to brace for long haul in trade dispute -

WASHINGTON (AP) — With negotiations on hold and tariffs piling up, the United States and China appear to be bracing for a prolonged standoff over trade.

Beijing is airing Korean War movies (antagonist: America) to arouse patriotic feelings in the Chinese public and offering tax cuts to software and chip companies as U.S. export controls threaten Chinese tech companies.

6. China cuts taxes to spur chip makers in face of US pressure -

BEIJING (AP) — China is cutting taxes on its fledgling software and integrated circuit industries as U.S. export controls threaten to handicap Chinese tech companies.

The Finance Ministry's announcement Wednesday comes amid a spiraling tariff war with Washington over Chinese technology ambitions.

7. Tech rebound powers US stocks higher, snaps 2-day S&P slump -

Technology companies helped power stocks broadly higher on Wall Street Tuesday, snapping the market's two-day losing streak.

The rally followed the U.S. government's decision to temporarily ease off proposed restrictions on technology sales to Chinese companies. The news gave a boost to technology sector stocks, which took steep losses a day earlier when the Trump administration announced curbs on technology sales, aimed primarily at Chinese telecom gear maker Huawei.

8. US delay to Huawei ban gives tech sector time to adjust -

The United States is delaying some restrictions on U.S. technology sales to Chinese tech powerhouse Huawei in what it calls an effort to ease the blow on Huawei smartphone owners and smaller U.S. telecoms providers that rely on its networking equipment.

9. Stocks close lower as chipmakers slump -

Chipmakers and other technology companies pulled U.S. stocks lower Monday, extending the market's losses into another week.

The U.S. decision to ban technology sales to China's Huawei hammered the tech sector, particularly chipmakers. About one-third of Huawei's suppliers are American chipmakers and investors are worried that the action against Huawei could crimp sales for companies with revenue heavily tied to China.

10. Huawei could be stripped of Google services after US ban -

Huawei could lose its grip on the No. 2 ranking in worldwide cellphone sales after Google announced it would comply with U.S. government restrictions meant to punish the Chinese tech powerhouse.

The Trump administration move, which effectively bars U.S. firms from selling components and software to Huawei, ups the ante in a trade war between Washington and Beijing that partly reflects a struggle for global economic and technological dominance.

11. US economic sanctions on Huawei could backfire -

The Trump administration's plan to restrict exports to Chinese telecommunications powerhouse Huawei for national security reasons doesn't just up the ante in the China trade war.

It could also hurt U.S. suppliers and accelerate Beijing's drive toward greater technological independence.

12. Trump issues order that appears to target China's Huawei -

WASHINGTON (AP) — President Donald Trump is issuing an executive order to help protect the United States against foreign adversaries that are taking advantage of technological vulnerabilities to threaten U.S. communications systems.

13. China's Huawei sues to challenge US security law -

SHENZHEN, China (AP) — Chinese tech giant Huawei is challenging a U.S. law that would limit its American sales of telecom equipment on security grounds as the company steps up efforts to preserve its access to global markets for next-generation communications.

14. China's Huawei sues to challenge US security law -

SHENZHEN, China (AP) — Chinese tech giant Huawei is challenging a U.S. law that would limit its American sales of telecom equipment on security grounds as the company steps up efforts to preserve its access to global markets for next-generation communications.

15. China: No evidence Huawei a national security threat -

BEIJING (AP) — U.S. and other countries have not presented any conclusive evidence that Chinese telecoms gear maker Huawei Technologies threatens their national security and are merely stirring fears out of self-interest, a Chinese government spokeswoman said Wednesday.

16. China tells US to stop 'unreasonable crackdown' on Huawei -

BEIJING (AP) — China called on the U.S. government on Tuesday to "stop the unreasonable crackdown" on Huawei after the United States stepped up pressure on the tech giant by indicting it on charges of stealing technology and violating sanctions on Iran.

17. Huawei announces 5G smartphone based on own technology -

BEIJING (AP) — Chinese tech giant Huawei announced plans Wednesday for a next-generation smartphone that will use its own technology instead of U.S. components, maneuvering to gain a competitive edge and sidestep complaints it is a security risk.

18. Huawei calls on US, others to show proof of security risk -

DONGGUAN, China (AP) — The chairman of Huawei challenged the United States and other governments to provide evidence for claims the Chinese tech giant is a security risk as the company launched a public relations effort Tuesday to defuse fears that threaten its role in next-generation communications.

19. Detention of Canadians raises stakes in China-US-Canada row -

BEIJING (AP) — China confirmed Thursday that it has detained two Canadian men, raising the stakes in a three-way dispute over a Chinese technology executive facing possible extradition from Canada to the United States.

20. Trump comments upend US approach to Huawei, trade talks -

WASHINGTON (AP) — The United States and China have taken pains this week to emphasize that their trade talks are entirely separate from the U.S. case against a top Chinese technology executive. But with a few words, President Donald Trump obliterated the distinction.

21. China demands Canada release executive of tech giant Huawei -

BEIJING (AP) — China on Thursday demanded that Canada release an executive of Chinese tech giant Huawei who was arrested in a case that compounds tensions with the U.S. and threatens to complicate trade talks.

22. China demands Canada release Huawei executive -

BEIJING (AP) — China on Thursday demanded Canada release a Huawei Technologies executive who was arrested in a case that adds to technology tensions with Washington and threatens to complicate trade talks.

23. US panel warns against government purchase of Chinese tech -

WASHINGTON (AP) — A congressional advisory panel says the purchase of internet-linked devices manufactured in China leaves the United States vulnerable to security breaches that could put critical infrastructure at risk.

24. US limits tech exports to Chinese firm on security grounds -

WASHINGTON (AP) — The Trump administration has imposed restrictions on technology exports to a state-supported Chinese semiconductor maker, citing national security grounds amid a mounting tariff battle.

25. US limits tech exports to Chinese firm on security grounds -

WASHINGTON (AP) — The Trump administration has imposed restrictions on technology exports to a state-supported Chinese semiconductor maker, citing national security grounds amid a mounting tariff battle.

26. House backs defense bill with pay raise for troops -

WASHINGTON (AP) — The House on Thursday approved a $716 billion defense policy bill that would give the military a 2.6 percent pay hike, the largest in nine years.

The compromise bill weakens a bid to clamp down on the Chinese telecom giant ZTE and allows the president to waive sanctions against countries that have bought Russian weapons but now want to buy U.S. military equipment.

27. Report: 'Law and order' Trump soft on corporate offenders -

WASHINGTON (AP) — While Donald Trump has positioned himself as a tough, "law and order" president, he has mostly excluded one group of offenders from his sights: those of the corporate class, according to a report released Wednesday by Washington-based watchdog Public Citizen.

28. China says "fully prepared" if trade war kicks off this week -

BEIJING (AP) — China said Tuesday it's "fully prepared" for a trade war with the United States as hopes dwindle for a breakthrough in tensions this week between the world's two biggest economies.

29. Trump meets with lawmakers about ZTE deal opposed in Senate -

WASHINGTON (AP) — President Donald Trump has met with lawmakers after the Senate moved to block a White House plan to allow Chinese telecom giant ZTE Corp. to buy component parts from the U.S.

30. Senate bill aims to block WH deal with China's ZTE -

WASHINGTON (AP) — The Senate is set to pass a defense policy bill that includes a pay raise for the military, but would block a White House plan to allow Chinese telecom giant ZTE to buy component parts from the U.S.

31. White House defends allowing China's ZTE to buy US parts -

WASHINGTON (AP) — The White House is defending its decision to allow Chinese telecom giant ZTE to buy component parts from the U.S.

Spokesman Hogan Gidley on Wednesday pointed to "massive penalties" imposed on ZTE as part of what he describes as "historic enforcement action" after the company was accused of violating sanctions.

32. Senate pushes back on Trump's ZTE deal with China -

WASHINGTON (AP) — The Republican-led Senate is working to reverse President Donald Trump's decision to allow Chinese telecom giant ZTE to buy component parts from the U.S.

Senate leaders agreed Monday to try to undo the administration's deal with a provision to a must-pass defense package.

33. China's trade surplus with US grows while global gap shrinks -

BEIJING (AP) — China's political sensitive trade surplus with the United States widened in May from a year earlier, while its total global surplus shrank as imports accelerated.

Imports rose 26 percent from a year ago to $187.9 billion, up from April's 21.5 percent growth, customs data showed Friday. Exports rose 12.6 percent to $212.9 billion, little changed from the previous month's 12.9 percent.

34. Commerce Secretary: US reaches deal with China's ZTE -

WASHINGTON (AP) — The United States and China have reached a deal that allows the Chinese telecommunications giant ZTE Corp. to stay in business in exchange for paying an additional $1 billion in fines and agreeing to let U.S. regulators monitor its operations.

35. Commerce Secretary: US reaches deal with China's ZTE -

NEW YORK (AP) — The United States and China have reached a deal that allows the Chinese telecommunications giant ZTE Corp. to stay in business in exchange for paying an additional $1 billion in fines and agreeing to let U.S. regulators monitor its operations.

36. Stocks edge higher as oil price gains boost energy companies -

NEW YORK (AP) — U.S. stocks are mostly higher Thursday morning as gains for energy companies have the market on track for its fifth increase in a row. The price of crude oil rose about 1 percent. Industrial companies and retailers also edged higher. Packaged food company J.M. Smucker dropped after issuing a weak quarterly report and a disappointing forecast for the year.

37. China vows to fight Washington on tariff hike -

BEIJING (AP) — China's government accused the Trump administration of hurting its credibility by acting erratically on trade and vowed Wednesday to fight back if Washington goes ahead with a threatened tariff hike.

38. Trump renews tariff threat, complicating upcoming talks -

WASHINGTON (AP) — The Trump administration has renewed its threat to place 25 percent tariffs on $50 billion of Chinese goods in retaliation for what it says are China's unfair trade practices.

39. Not so easy: Trump's trade agenda hits stumbling blocks -

WASHINGTON (AP) — President Donald Trump's hard-line views on trade, a staple of his message long before he entered politics, are beginning to collide with the cold realities of global geopolitics.

40. Trump's trade agenda runs into reality of global geopolitics -

WASHINGTON (AP) — President Donald Trump's hard-line views on trade, a staple of his message long before he entered politics, are beginning to collide with the cold realities of global geopolitics.

41. US and China work on ZTE rescue; Mnuchin denies quid pro quo -

WASHINGTON (AP) — The United States and China are working toward an agreement that would ease U.S. sanctions that were imposed on ZTE Corp. and let the Chinese telecommunications giant stay in business.

42. Trump pulls back from brink of trade war with China -

WASHINGTON (AP) — President Donald Trump on Monday hailed his administration's temporary truce with China on trade, even as his Treasury secretary and China struck a note of caution on the latest agreement.

43. Beijing showing signs of compromise in trade talks with US -

HONG KONG (AP) — China is sending conciliatory signals as U.S. and Chinese negotiators meet in Washington to try to head off a trade war between the world's two biggest economies.

Beijing has dropped an anti-dumping investigation into imported U.S. sorghum, which it had accused the United States of unfairly subsiding. It has also given approval for a U.S. private equity firm to buy Toshiba's memory chip business.

44. China vows to defend its own interests in US trade talks -

HONG KONG (AP) — China said Thursday it doesn't want to see increased trade tensions with the U.S. as the two countries hold talks in Washington this week, but it's prepared for any outcome and will defend its own interests.

45. Trump says 'no folding' in trade negotiations with China -

WASHINGTON (AP) — President Donald Trump says there has been "no folding" in his trade negotiations with China, as he addresses his efforts to help a Chinese telecommunications company that violated U.S. sanctions.

46. US firms seek tariff relief as US and China try to mend rift -

WASHINGTON (AP) — Corporate America is seeking relief from President Donald Trump's threatened tariffs on at least $50 billion in Chinese goods as negotiators seek to prevent a trade war between the world's two biggest economies.

47. Senate Democrats urge Trump to rethink helping China's ZTE -

WASHINGTON (AP) — Senate Democrats are urging President Donald Trump to reconsider his plans for helping Chinese telecommunications company ZTE get back into business.

Senate Minority Leader Chuck Schumer, D-N.Y., and other leading Democrats sent a letter Tuesday to the administration saying Trump's action casts "grave doubt" on his campaign promise to put America first.

48. Trump's bid to help Chinese firm draws fire but raises hopes -

WASHINGTON (AP) — A long-running dispute between American regulators and Chinese telecom company ZTE may have handed President Donald Trump some unexpected leverage in avoiding a trade war with Beijing.
Trump's tweet Sunday that he was working with President Xi Jinping of China to put ZTE "back into business, fast" after U.S. sanctions threatened ZTE's existence and 70,000 Chinese jobs caught many trade-watchers by surprise.
"Too many jobs in China lost," Trump tweeted. "Commerce Department has been instructed to get it done!"
The overture came just as Vice Premier Liu He is flying to Washington for talks aimed at heading off a mutually harmful battle between the world's two biggest economies and just before U.S. companies plan to plead during three days of hearings for a resolution to the dispute.
Trade analysts say it is highly unusual for a president to intercede in a case brought by the Commerce Department and to mix regulatory sanctions with trade negotiations. But they also note that Trump's offer to rescue ZTE, which makes cellphones and other telecommunications equipment, has the potential to clear the way for progress.
"It's a way to unlock negotiations," said Wendy Cutler, a former U.S. trade negotiator specializing in Asia and now vice president at the Asia Society Policy Institute.
The United States has proposed imposing tariffs on up to $150 billion in Chinese products to punish Beijing for forcing American companies to hand over technology in exchange for access to the Chinese markets. In retaliation, Beijing is threatening tariffs on $50 billion in U.S. products.
"Trump's tweet creates an atmosphere where there's more hope for reaching an agreement on trade," said David Dollar, senior fellow at the Brookings Institution and a former official at the World Bank and the U.S. Treasury Department.
The United States also needs China's support as it prepares for talks with North Korea that are intended to persuade the Pyongyang regime to abandon nuclear weapons.
Commerce and ZTE last year settled charges that the Chinese company sold sensitive telecommunications equipment to Iran and North Korea in violation of U.S. sanctions. ZTE agreed to plead guilty and pay about $1 billion in fines.
Last month, Commerce accused ZTE of violating the agreement and blocked ZTE from importing American components for seven years. The department said ZTE had misled regulators: Instead of disciplining all employees involved in the sanctions violations, Commerce said, ZTE paid some of them full bonuses and then lied about it.
The seven-year ban was tantamount to a death sentence for ZTE.
"It was basically going to put them out of business," Dollar said. "They rely on American technology."
Last week, the company announced that it was halting operations.
Early this month, a high-level U.S. delegation — including Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross, top American trade negotiator Robert Lighthizer and White House adviser Peter Navarro — traveled to Beijing to address the trade dispute. There, they heard an outcry about U.S. regulators putting ZTE out of business.
"They were a little bit blindsided," said Paul Triolo, a technology specialist at the Eurasia Group consultancy. "The Chinese reaction was pretty vociferous. ... The U.S. government shooting down the No. 2 telecommunications supplier in China at this sensitive time — it didn't look good."
Now, analysts see the outlines of a potential deal: In return for Trump's lifeline to ZTE, Beijing might agree to buy more U.S. products or take other steps to shrink America's gaping trade deficit with China — $337 billion last year.
The Wall Street Journal reported Monday that the two countries were in talks about such a potential swap: The U.S. would spare ZTE, and Beijing would drop plans to impose tariffs on U.S. farm products. Neither the White House nor the Commerce Department would comment.
The ZTE case also drives home how entwined the U.S. and Chinese economies are. The Commerce sanctions didn't just imperil ZTE; they also hurt the American companies that sell components to the Chinese company.
And so investors breathed a sigh of relief after Trump's tweet, buying stock Monday in Maynard, Massachusetts-based optical components maker Acacia Communications, which last year collected 30 percent of its revenue from ZTE; San Jose-based optical communications company Oclaro; and Sunnyvale, California-based fiber optic cable manufacturer Finisar.
Still, critics charged that Trump shouldn't have intervened in the legal case against ZTE.
"This would be a truly awful deal for the U.S," Derek Scissors, a China specialist at the conservative American Enterprise Institute, wrote in a blog post. "If the accusations last year and last month are accurate, ZTE violated Iran sanctions, then further attempted to deceive the U.S. government."
Xi "would be using barriers against American agriculture to blackmail the Trump administration into accepting ZTE's behavior," Scissors said.
Trump has thrust trade policy to the center of his agenda. In addition to sparring with China, his team is in talks to rewrite the North America Free Trade Agreement with Mexico and Canada.
The timing of the NAFTA negotiations is tight: House Speaker Paul Ryan has said Congress must have an agreement by Thursday to have any hope of approving it this year.
___
Follow Paul Wiseman on Twitter at https://twitter.com/PaulWisemanAP

...

49. US stock indexes eke out small gains after early rally fades -

The major U.S. stock indexes eked out small gains Monday after a late-afternoon pullback weighed on small-company shares.

The market had been broadly higher earlier in the day on hopes that trade tensions were easing between the U.S. and China. But much of that rally faded, leaving decliners on the New York Stock Exchange outnumbering risers.

50. China tech giant crippled, US imports held amid trade spat -

HONG KONG (AP) — A Chinese tech giant brought to its knees and delays for imported U.S. cars, apples, lumber and other agricultural products are early signs the widening trade dispute between China and the U.S. is exacting a toll on both sides.

51. Trump wants China to reduce trade deficit by $200B by 2020 -

BEIJING (AP) — The Trump administration has asked China to reduce its trade deficit with the U.S. by $200 billion by the end of 2020, striking an assertive stance in talks aimed at averting a trade war between the world's two-largest economies.

52. US-China trade talks center on rivalry over technology -

BEIJING (AP) — Chinese and U.S. officials met face-to-face Thursday in an attempt to resolve a dispute over technology that has taken the world's two largest economies the closest they've ever come to a trade war.

53. Companies experiment with build-your-own smartphone programs -

NEW YORK (AP) — If you could build your dream smartphone, what would it look like? Now suppose you could put it together yourself.

That's the promise of modular design, a new concept in smartphones that would basically let you snap together different components like Lego blocks. Say you want a great camera. Snap! A vivid screen and good sound because you watch a lot of video? Snap! But maybe you could live with a smaller battery because you spend most of your day at home or work. Snap!

54. Gift Guide: How to choose a new cellphone -

NEW YORK (AP) — Now is a good time to get a smartphone. The latest devices hit shelves in time for the holiday shopping season, and there's likely to be a lull in new releases until next spring. So why wait?

55. Do you need to break the bank to get a good phone? -

NEW YORK (AP) — It might seem as though everyone has an iPhone or Galaxy smartphone. But many customers are eschewing the best cameras and screens — and their top-end price tags — and choosing models that can get the job done at less than a third of the cost.

56. Apple apologizes in China after service criticism -

BEIJING (AP) — Apple apologized to Chinese consumers after government media attacked its repair policies for two weeks in a campaign that reeked of economic nationalism.

A statement Apple posted in Chinese on its website Monday said the complaints had prompted "deep reflection" and persuaded the company of the need to revamp its repair policies, boost communication with Chinese consumers and strengthen oversight of authorized resellers.

57. SPIN METER: China-bashing on the campaign trail -

WASHINGTON (AP) — While U.S. presidential candidates talk tough about what they see as China's unfair trade policies, one fact gets little notice: Chinese companies are investing more than ever in the U.S. and supporting thousands of American jobs.

58. Nokia to cut 10,000 jobs by end of 2013 -

HELSINKI (AP) — Nokia Corp. will lay off 10,000 jobs globally and close plants by the end of 2013, the company said Thursday, in a further drive to save costs and streamline operations.

59. Nokia posts $523M loss, slips behind iPhone -

HELSINKI (AP) — Mobile phone maker Nokia Corp. on Thursday posted a loss of euro368 million ($523 million) in the second quarter and for the first time was overtaken by Apple's iPhone in smartphone shipments.