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Home / news / Beijing’s economic approach: does it provide support to Chinese companies or restrict them further? Beijing’s economic approach: does it provide support to Chinese companies or restrict them further? When the United States imposed sanctions on Huawei and banned American companies from doing business with the Chinese telecom giant for reasons of national security, Chinese state media expected that those sanctions would stimulate the ability of local companies to innovate in technology, but things took a completely different direction. In its report on the Chinese economic trends in the face of the US sanctions policy, the British...
