As Germany has started to show signs of tightening its scrutiny of Chinese investment from telecommunications gear to major infrastructure projects, calls are on the rise among Chinese experts and officials for a fair business environment in the European economy, as the core part of the relationship with China is economic cooperation, and there is huge potential for bilateral ties in the post-COVID period.
If Germany, as reported by media, moves to prohibit its telecom operators from using the components made by China’s Huawei and ZTE in the 5G mobile networks, it could face massive economic costs, a Chinese industry expert said on Tuesday.
According to new reports from CNN and Reuters, US officials are worried that Huawei gear could capture sensitive information from military bases and missile silos. But the details remain obscure.
(May 18): Chinese tech giant Huawei is further stepping up what analysts call self-rescue efforts, as it unveiled a batch of new innovation plans to build its independent ecosystems on Monday, which marks the second anniversary of the US blacklisting - in what appears to be a show of resilience and defiance amid the lingering political crackdown,
Global Times reported.
At its ecosystem conference 2021 in Shenzhen, Huawei Rotating Chairman Eric Xu Zhijun said that the company will emphasize the upgrading of six self-developed digital technology ecosystems - Kunpeng, Ascend, HMS, HarmonyOS, Huawei Cloud and MDC (Mobile Data Center).
Such a direction was seen by analysts as a self-rescue measure after the telecom giant s smartphone unit suffered from the US crackdown, under which crucial supply of chips for the company was banned.