COMMERCIAL WAR: Chinese manufacturer Huawei, has faced numerous accusations of spying on behalf of China during the Trump administration
The arrival of Joe Biden as President of the United States was synonymous with hope and renewal for Huawei and foreshadowed a relaxation of trade restrictions imposed on American companies that wanted to work with the Chinese company. But the new secretary of commerce of the Biden administration – appointed, but not yet validated for this position -, Gina Raimondo indicated that she saw “no reason” to remove Huawei from the blacklist of the United States, stressing that the Chinese group still represented a risk to national security today.
A new blow for the Chinese group, and for American companies which will still not be able to market easily with Huawei. The US restrictions are valid for Huawei, for the SMIC founder and for the video surveillance system supplier Hikvision.
China responds
This decision obviously does not please China, which has been denouncing trade restrictions imposed on Chinese companies for almost two years.
“We urge you to end this gratuitous oppression against Chinese companies,” Chinese Foreign Ministry spokesman Wang Wenbin said during a regular press briefing in Beijing Thursday, Bloomberg reported.
