Energy News  
CYBER WARS
HSBC denies reports that it 'fabricated evidence' on Huawei
by Staff Writers
Beijing (AFP) July 25, 2020

London-based HSBC bank has denied Chinese media reports that it had "framed" telecom giant Huawei or "fabricated evidence" that led to the arrest of a top company official.

Washington's investigations into Huawei -- for allegedly violating US sanctions on Iran -- started before the bank's involvement with the company in late 2016, the lender said Saturday in its first public comments on Huawei's legal battle in North America.

"HSBC has no malice against Huawei, nor has it framed Huawei," the bank said in a statement posted on the Chinese messaging app WeChat.

"HSBC has not fabricated evidence or concealed facts, nor will it distort facts or harm any customers for our own benefit."

The HSBC statement comes a day after Chinese state media, including the communist party mouthpiece People's Daily, published reports accusing HSBC of lying about Huawei during an investigation by the US department of justice.

The probe led to Canada arresting Huawei's chief financial officer Meng Wanzhou in December 2018.

China's internet censors blocked access to HSBC's statement within hours of publication, without offering an explanation.

Meng, the daughter of Huawei's founder, is under house arrest in Vancouver, Canada, fighting extradition to the United States.

Washington says Meng had concealed Huawei's alleged dealing with Iran from lenders including HSBC.

Meng's lawyers last week said HSBC was well aware of Huawei's activities in Iran, but claimed ignorance to dodge further US punishment.

The bank has come under pressure as US-China relations sour.

The lender has come under fire in Britain for backing a controversial security law on Hong Kong -- one of its biggest markets. The law allows Beijing to curb political freedoms in the semi-autonomous Asian financial hub.


Related Links
Cyberwar - Internet Security News - Systems and Policy Issues


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


CYBER WARS
China calls Britain 'America's dupe' for banning Huawei
Beijing (AFP) July 15, 2020
Beijing lashed out Wednesday at Britain's decision to ban Huawei equipment, saying London had become "America's dupe" and vowing to take measures to protect the interests of Chinese companies. The British government bowed to growing US pressure and pledged Tuesday to remove Chinese telecoms giant Huawei from its 5G network by 2027, despite warnings of retaliation from Beijing. "China will fully and solemnly assess this matter, and will take a series of necessary measures to safeguard Chinese com ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

CYBER WARS
Fallout from COVID-19 pandemic making weather forecasts less accurate

Methane emissions rise nine percent in decade

How does Earth sustain its magnetic field?

Proba-V passes the torch

CYBER WARS
Honeywell expands navigation options for precise data in areas without GPS

SMC contracts for Joint Modernized GPS Handheld Device across multiple suppliers

GPS isn't just for road trips anymore

China's last BDS satellite enters long-term operation mode

CYBER WARS
Brazil's Bolsonaro under pressure to protect Amazon

Amazon deforestation increases 25 percent in Brazil

Investors want 'results' on deforestation: Brazil VP

French shipping giant to stop Gambian timber exports over smuggling fears

CYBER WARS
Milking algae mechanically: Progress to succeed petroleum derived chemicals

Coconut oil may be worse than palm oil for the environment

Algae as living biocatalysts for a green industry

Size matters for bioenergy with carbon capture and storage

CYBER WARS
Record efficiency for printed solar cells

New long-lasting solar-flow battery sets efficiency record

Newer solar power equipment ages better than older units

Cooling mechanism increases solar energy harvesting for self-powered outdoor sensors

CYBER WARS
Trust me if you can

Ingeteam's advanced simulation models to ease wind power grid integration

Magnora ASA and Kustvind AB accelerate development of 500 MW offshore wind project in southern Sweden

Maryland offshore wind farm could become stop-over for migrating sturgeon, striped bass

CYBER WARS
UN chief tells China coal has no place in post-COVID recovery

Aussie student in landmark climate change lawsuit against government

Siemens shifts away from coal as it wins spin-off backing

Japan to limit financing of overseas coal power plants

CYBER WARS
New York Times moving some Hong Kong staff over security law

Hong Kong academics fear for freedom under new security law

Detained Chinese professor who criticised Xi is freed, friends say

Prison terms for French ex-spies who shared secrets with China









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.