Huawei. The Chinese company is at the center of the biggest diplomatic scandal of 2019, but not through its fault, but because of the Americans, who were looking to start a trade war with China, and they didn't know how. Well, this week Donald Trump has officially banned Huawei's telecommunications products in the US, and China reacts, despite repeated assurances from the company that there are no links between it and the Beijing government.
Huawei. China accuses Trump of "industrial sabotage" by banning the company's products in the US, but also that there will be reprisals following these actions, and American companies will most likely be targeted by them. China's reaction is very interesting, because when ZTE went through similar problems, it did not react as harshly against the Americans, but they are defending Huawei at any cost at the moment, which suggests a close connection with They.
Huawei. HARD RETALIATIONS OF CHINA AGAINST THE USA
Huawei. Apart from the Chinese company, including its US partners were affected by this ban, the price of their shares falling significantly on the American stock market shortly after the announcement of the signing of the order. More than 30 US companies were also seriously affected by Donald Trump's order directed against Huawei, so the actions of the American president have negative effects not only against the Chinese, but also against their own citizens.
We urge the US to stop this practice and instead create better conditions for business co-operation. China is always open for talks but it would fight to the end should a 'trade war' break out. Restricting Huawei from doing business in the US will not make the US more secure or stronger. Instead, this will only serve to limit the US to inferior yet more expensive alternatives, leaving the US lagging behind in 5G deployment, and eventually harming the interests of US companies and consumers.
Huawei. Of course, the company only denied the fact that its products represent a risk for the national security of any state, but the US would not have made such a decision without at least some solid evidence behind it. The biggest problem for Huawei lies not only in the US ban, but also in the fact that others are to be imposed in other countries, mainly in the European Union, where there are already partial bans for Chinese equipment.
Huawei. Despite all the problems of the telecommunications division, the phones of the Chinese company are selling extremely well, it managed to place itself in the second position in the top smartphone manufacturers in Q1 2019.
