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BEIJING (Reuters) – Japan’s decision to curb government purchases from Chinese telecoms equipment makers Huawei Technologies and ZTE Corp could hurt bilateral ties if Tokyo’s actions are deemed unfair, China’s commerce ministry said on Thursday. Japan revised its procurement rules last year, introducing measures to strengthen security that were also a de facto ban on government purchases from Huawei and ZTE designer cufflinks online. The measures have been extended to 5G licensing rules for private companies, meaning Japan’s telcos are unlikely to use network equipment from the two Chinese manufacturers..

“We do not hope to see rising protectionism in countries like Japan that are supporters of free trade,” ministry spokesman Gao Feng told a regular briefing in Beijing. The ministry had noticed that Huawei and ZTE’s business operations have suffered in Japan, he said. “If Japan’s actions are unfair, that would shake mutual trust in both countries as well as the confidence of companies to cooperate, hurting bilateral relations,” he added. Huawei has been facing mounting scrutiny, led by the United States, amid worries its equipment could be used by Beijing for spying designer cufflinks online. The company says the concerns are unfounded..

BEIJING (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Thursday he and U.S designer cufflinks online. Trade Representative Robert Lighthizer looked forward to “productive meetings” as they arrived in Beijing leading a delegation for trade talks with China. “Ambassador Lighthizer and myself are pleased to be back here in Beijing, and we look forward to productive meetings,” Mnuchin told reporters at a hotel in the Chinese capital. On Wednesday, U.S. officials told Reuters China had made unprecedented proposals in talks on a range of issues, including forced technology transfer, as the countries work to overcome the remaining obstacles to a deal to end their trade war..

LONDON (Reuters) – The European Union’s markets watchdog has fined credit rating agency Fitch a record 5.13 million euros ($5.78 million) for breaching rules aimed at avoiding conflicts of interest. The European Securities and Markets Authority (ESMA) said on Thursday that, between June 2013 and April 2018, 20 percent of Fitch subsidiaries in Britain, France and Spain were indirectly owned by an individual through an entity in France. At the same time the shareholder, which ESMA does not name, was sitting on boards of three entities being rated by the three subsidiaries of Fitch, the bloc’s third biggest rating agency designer cufflinks online.

Fitch said none of the breaches impacted the outcome of its ratings, and its interpretation of the EU regulations on disclosing the identity of shareholders was made in good faith designer cufflinks online. “We no longer have single individual shareholders who may be in a position to sit on the boards of rated entities,” Fitch said in a statement. Fitch is owned by U.S. publisher Hearst after buying stakes from France’s Fimalac. It is one of the “Big Three” credit rating agencies, along with Standard & Poor’s and Moody’s that dominate the sector globally..