The United States has banned American firms from selling parts and software to China’s ZTE Corp for seven years, potentially devastating for the telecoms equipment maker and exacerbating tensions between the world’s two largest economies.
Source: reuters.com
Huaqiangbei, the famed electronics bazaar in Shenzhen, China, hums with the chaotic unity of a thousand symbiotic organisms. Stacks of circuit boards, cables, and colorful components extend farther than the eye can see. Sellers hawk their wares from Tetris-like cubicles crammed around claustrophobic aisles.
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China claims it invented high-speed rail, mobile payments, e-commerce and bike-sharing, but did it?
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