Home Business China attacks ‘unscrupulous’ US after reports of further crackdown on Huawei | China

China attacks ‘unscrupulous’ US after reports of further crackdown on Huawei | China

by News Desk
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China has reacted angrily to reports that the United States has stopped granting licenses for US companies to export most items to Chinese tech firms. HuaweiHe accused the United States of deliberately targeting Chinese companies in the name of national security.

US authorities have created a new formal policy to refuse shipment of goods to the following regions: Huawei This includes items below the 5G level, including 4G items, wifi 6 and 7, artificial intelligence, high performance computing and cloud items, according to a Reuters report citing unnamed sources.

Another source told Reuters the move is expected to reflect the Biden administration’s tightening of its policies against Huawei over the past year. have been denied licenses for 4G chips that cannot be used for 5G, the official said.

In November, the Biden administration banned Huawei and ZTE from approving new telecom equipment, saying it posed an “unacceptable risk” to U.S. national security.

so regular press conference In Beijing on Tuesday, Mao Ning, a spokeswoman for China’s foreign ministry, accused the United States of deliberately using an overly broad concept of national security to suppress Chinese companies.

“China strongly opposes the United States’ unreasonable and unreasonable suppression of Chinese enterprises by expanding the concept of national security and abusing state power,” said Mao Zedong.

“Such a move violates market economy principles and international trade rules and undermines international confidence in the US business environment,” she told reporters.

A U.S. Department of Commerce spokeswoman said the agency “continues to evaluate our policies and regulations,” but declined to comment on discussions with specific companies.

Huawei and Qualcomm declined to comment. Bloomberg and the Financial Times previously reported on the move.

US authorities put Huawei on a trade blacklist in 2019 Most US suppliers restrict the shipment of goods and technology to the company unless licensed. Authorities have sought to cut off Huawei’s ability to purchase or design the semiconductor chips that power most of its products, even though Huawei was licensed to receive some products. Huawei suppliers, for example, acquired licenses worth $61 billion to sell to the telecoms equipment giant from April to November 2021.

Huawei has faced U.S. export controls on 5G and other technologies for several years, but the U.S. Department of Commerce has granted licenses to some U.S. companies to sell certain goods and technologies to the company. In 2020, Qualcomm got permission to sell 4G smartphone chips to Huawei.

In December, Huawei said it had overall revenue of about $91.53 billion, down slightly from 2021, when U.S. sanctions cut revenue by nearly a third.

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