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Canada blocks Chinese Arctic gold mine takeover, citing national security

Canada blocks Chinese Arctic gold mine takeover, citing national security

Canadian officials have rejected Shandong Gold Mining’s bid to acquire Canada’s TMAC Resources, the companies said, with the Chinese miner adding that the sale was blocked on national security grounds. As the coronavirus pandemic has caused economic dislocation, countries from Australia to Canada have increased scrutiny on deals by state-run Chinese miners this year….

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China says US ‘oppressing’ Huawei with ‘national security risk’ label - National

China says US ‘oppressing’ Huawei with ‘national security risk’ label – National

China on Wednesday demanded Washington stop “oppressing Chinese companies” after U.S. regulators declared telecom equipment suppliers Huawei and ZTE to be national security threats. The Federal Communications Commission on Tuesday blocked the Chinese vendors from receiving subsidies from a government fund, stepping up efforts to limit their access to the U.S. market. Read more: China demands U.S….

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