China Warns Sweden after Banning 5G Networks for Huawei


Source: see.news

Key Topics in this News Article:

News Snapshot:

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 Sweden’s eighth-largest export market in 2019, according to Sweden’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...