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CUSEF Opinion Tracker | Jun 10, 2020

2020-06-11
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What are people talking about:

  • Huawei's 5G Patents Means US Will Pay Despite Trump Ban
    Susan Decker
    | Bloomberg
    "Huawei Technologies Co. owns the most patents on next-generation 5G technology, ensuring the Chinese company will get paid despite Trump administration efforts to erase it from the supply chain, according to a new study. That may be awkward for President Donald Trump, whose administration has launched a global effort to shut out Huawei, accusing the Chinese company of being a security threat."
  • China Can and Should Join Asia-Pacific's Largest Free-Trade Pact
    Caixin Global Editorial

    "China’s participation in the CPTPP would hold great significance for both Beijing and all the other signatory nations. All projections based on a variety of different assumed scenarios indicate that China’s admittance to the agreement would boost the domestic economy and global trade. Currently, unilateralism and protectionism are in vogue worldwide, throwing down obstacles to globalization. The CPTPP represents a future development direction for free trade. If China can join, it will be akin to it joining the WTO in 2001. For the WTO system, which is now mired in difficulty, the CPTPP also provides a frame of reference for reform.
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