Beijing/Washington — China accused the US on Monday of harbouring “extravagant expectations” for a trade deal, underlining the gulf between the two sides as US action against China’s technology company Huawei began hitting the global tech sector. Adding to tensions, the US military said one of its warships sailed near the disputed Scarborough Shoal claimed by China in the South China Sea on Sunday, the latest in a series of “freedom of navigation operations” to anger Beijing.

Podcast | Business Day Spotlight - Huawei vows it will not crack under pressure..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.