A “potentially explosive act”, Trump moves against Chinese tech giant Huawei
The company has been labeled a “security risk”.
Huawei is in many respects an extension of the Chinese state. This is a direct shot at valuable Chinese asset.
China vowed Thursday to “resolutely safeguard” Chinese companies after Washington labeled telecom equipment giant Huawei a security risk and imposed export curbs on U.S. technology sales to the company. Foreign Ministry spokesman Lu Kang criticized the moves as an “abuse of export control measures” after the Trump administration issued an order requiring Huawei to obtain government permission for purchases.
Reprinted from: https://www.ac2news.com/2019/05/a-potentially-explosive-act-trump-moves-against-chinese-tech-giant-huawei/