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Cecelio Cichan posted an update in the group Economy 4 years, 6 months ago
America is determined to sink Huawei
A new escalation in the tech conflict illustrates the limits of American power. If at first you don’t succeed, try again. A year ago America forbade its high-tech companies from selling to Huawei, a Chinese maker of smartphones and mobile-network infrastructure. American officials worry that Huawei-powered phone networks could aid Chinese spying (something the firm denies), and about China’s growing technological prowess more generally. But the embargo turned out to be puny. Loopholes allowed American firms to carry on supplying Huawei from overseas factories.-
Thanks to its efforts to stockpile parts, its purchases from American suppliers…
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