China says U.S. damaging global trade with Huawei sanctions


Source: cbc.ca cbc.ca

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China accused Washington of undermining global trade with sanctions that threaten to paralyze tech giant Huawei and said on Tuesday it would protect Chinese companies, but gave no indication of possible retaliation. The rules confirmed on Monday by the Department of Commerce prevent suppliers from using U.S. technology to produce processor chips and other components for Huawei. The company, China's first global technology competitor, is the largest supplier of switching equipment for telephone companies and a leading smartphone brand. Advertisement The Foreign Ministry has demanded that the Trump administration "stop suppressing Chinese companies". Huawei Technologies Ltd. is at the center...