Amid tech war, China's Huawei unlikely to be out of US' restricted entities list


Source: dailyhunt.in dailyhunt.in

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Beijing [China], June 13 (ANI): The US Innovation and Competition Act that has earmarked USD 54.2 billion towards shoring up America's competence on a number of technological fronts, has left out China's Huawei Technologies on a list of restricted entities, banning it from gaining access to US hardware and software. The bill currently awaits passage in the US House of Representatives has dispelled any illusion that the 46th American president would unwind the policies of his predecessor Donald Trump, according to South China Morning Post (SCMP). Further complicating matters is Huawei 's founder Ren Zhengfei, whose eldest daughter Meng Wanzhou...