Huawei’s Meng Wanzhou thanks supporters as lawyers chase details of Canadian cooperation with FBI

Legal team pursues documents relating to arrest; crown’s lawyers call it a ‘fishing expedition’ Source: https://www.scmp.com/news/china/diplomacy/article/3030039/huaweis-meng-wanzhou-returns-court-canada-fight-extradition-us

European businesses urge EU to take ‘defensive’ measures against China’s state-owned enterprises

EU Chamber of Commerce warns of ‘resurgent state-owned economy’ receiving more funding, government contracts and subsidies than ever before It calls for ‘fail-safes’ to protect EU such as introducing new policies and making better use of laws to give Beijing more incentive to speed up reform Source: https://www.scmp.com/news/china/diplomacy/article/3029996/european-businesses-urge-eu-take-defensive-measures-against

China’s scrapping of QFII and RQFII caps on foreign investment will have a very limited effect, say analysts

Beijing’s recent decision to remove quotas on the QFII and RQFII schemes carries only symbolic significance as the programmes are quickly becoming obsolete, say analysts The programmes’ popularity has declined as investors have turned increasingly to the stock connect and its bond equivalents Source: https://www.scmp.com/business/banking-finance/article/3029625/chinas-scrapping-qfii-and-rqfii-caps-foreign-investment

China’s social credit system ‘could be used against companies in international trade disputes’

EU Chamber of Commerce report says data collected could be used to compile blacklist of ‘unreliable entities’ Companies will be subject to series of rewards and punishments and they have been told ‘no one should be naive about this’ Source : https://www.scmp.com/news/china/diplomacy/article/3024636/european-firms-warned-chinas-social-credit-system-could-be