China fears may be in play as the U.S. government seeks oversight of network-equipment purchases as a condition for approving Softbank $20 billion acquisition of U.S. phone carrier Sprint Nextel; a Chinese regulator said it would heighten supervision over Apple Inc.’s consumer-rights practices as state media continued to attack the company over its after-sales practices; As a bilateral territorial dispute drags on, airline traffic between China and Japan remains significantly weaker from a year earlier, causing many Chinese carriers to rethink their international strategies. Read More »