USDCNH Nears Decade High, Huawei Ban Worsens US-China Relations

As if Huawei’s strained relationship with Europe was not bad enough, it has now got worse for the Chinese telecommunications giant as US President Trump has placed the company on the country’s “Entity List” of banned companies.

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USDCNH Nears Decade High, Huawei Ban Worsens US-China Relations