China Warns Sweden after Banning 5G Networks for Huawei

Chinese foreign ministry demanded Sweden on Thursday, to remove its ban on Huawei firm to avoid hurting prospects for Swedish companies. The decision was the latest in a series of restrictions by governments around the world on the Chinese companies, after continued pressure from the U.S. to avoid potential security risks in 5G networks. China was Swedenࢀ™s eighth-largest export market in 2019, according to Swedenࢀ™s official statistics agency. According to Bloomberg, the continuing trade war between the U.S. and China has caused the once-tightly knit tech industry to come under pressure. Chinese technology companies including Huawei have expressed strong concerns…