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Pacific undersea cable project sinks after US warns against Chinese participation Toggle share menu Advertisement Pacific undersea cable project sinks after US warns against Chinese participation This file picture taken on Nov 6, 2018 shows a Chinese and US flag in Shanghai. (Photo: AFP/Johannes Eisele) 18 Jun 2021 10:30AM (Updated: 18 Jun 2021 10:51AM) Share this content Bookmark BEIJING: A World Bank-led project declined to award a contract to lay sensitive undersea communications cables after Pacific island governments heeded US warnings that participation of a Chinese company posed a security threat, two sources told Reuters. The former Huawei Marine Networks, now called HMN Technologies and majority owned by Shanghai-listed Hengtong Optic-Electric, submitted a bid for the US$72.6 million project priced at more than 20 per cent below rivals Alcatel Submarine Networks (ASN), part of Finland s Nokia, and Japan s NEC, the sources sai

United statesWorld bankDistrict of columbiaChengtong groupAsian development bankAlcatel submarine networksCommerce departmentHuawei marine networksWorld bank ledShanghai listed hengtong optic electricEast micronesia cableFederated statesSubmarine cablesState departmentHuawei technologiesHuawei marine