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

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now