
Technology
Foreign banks trim China branch networks as low returns test strategy
By Katherine Langford
South China Morning Post
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Paraguay’s technology minister said on Thursday that sanctions imposed on him by Beijing over his country’s ties with Taiwan would only accelerate joint projects with the island. Gustavo Villate, who heads the Ministry of Information and Communication Technologies, wrote in a lengthy social media post that the relationship with Taipei would “never be on the negotiating table”. He also suggested that Beijing had acted to protect Chinese telecoms suppliers kept out of Paraguay’s networks. “This...