China's Hikvision says U.S. blacklisting could hurt in the short-term

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China's Hikvision said on Wednesday a decision by the U.S. government to pl...

FILE PHOTO: People visit a Hikvision booth at a security exhibition in Shanghai, China May 24, 2019. REUTERS/Aly Song/File Photo

Hikvision was one of eight Chinese firms included on an expanded U.S. trade blacklist on Monday aimed at punishing Beijing for its treatment of Muslim minorities and which has escalated tensions ahead of high-level trade talks in Washington this week. Hikvision is highly confident in its long-term prospects as the firm has been making preparations for being blacklisted over the past two years, its general manager Hu Yangzhong told reporters, adding that the company had reduced its reliance on U.S. components.

 

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🇨🇳 China’s economy is resilient. The US attacks, will made China and it’s people stronger .

Thank you, Trump. You really encourage Chinese companies to develop own chips.

Hikvision - Ethics & integrity - a great concern in businesses. the ulterior motives of the one behind Hikvision will drive away customers & suppliers. Why jump back into the fire & get burnt 🥵 Help USA local businesses thrive.

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