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The fallout has included a ban on video-sharing app TikTok -- which has a Chinese parent company-- along with at least 58 other apps that originate from China. The news of a potential ban comes as anti-China sentiment in India remains high following a deadly clash in June at a disputed border high up in the Himalayas that left at least 20 Indian soldiers dead.
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Chinese telecoms Huawei and ZTE are expected to be locked out of India's 5G rollout plans amid spiralling relations between the neighbouring countries, according to a Bloomberg report published Thursday.
LONDON, Nov 26 (Reuters) - The International Grains Council (IGC) on Thursday cut its forecast for global corn (maize) production in the 2020/21 season, while doubling its projection for China's corn imports.
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In its monthly update, the inter-governmental body reduced its global corn crop forecast by 10 million tonnes to 1.146 billion tonnes mainly due to diminished outlooks for crops in the United States, Ukraine and European Union.
In late June, Singapore chose Europe's Nokia and Ericsson over Huawei to develop the city-state's main If approved, India will join a growing list of countries including the US, UK and Australia that have banned Huawei from providing 5G technology for their respective wireless networks over security concerns.
The decision is awaiting approval from the Indian Prime Minister's office and is set to be announced within one to two weeks. The South Asian nation will restrict bidders from any country it shares a land border with, under amended investment rules that cite concerns over national security, according to the report.
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Treasury prices were lower. The dollar fell against a basket of currencies.
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(Reporting by Julie Ingwersen; Editing by Caroline Stauffer and Marguerita Choy)
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