BRUSSELS - EU industry chief Thierry Breton on Wednesday said he did not see any ulterior motive behind Huawei’s donations of face masks to the bloc and that solidarity was the best way to tackle the global coronavirus outbreak.
Dubbed by some as mask diplomacy, critics say the move could be a ploy to win lucrative 5G contracts following EU guidelines announced in January which block the company from core infrastructure networks. [nL8N29Y3L0] In a telephone interview with Reuters he said CEOs had a duty to help countries where their businesses operate if governments seek their help.
EU foreign policy chief Josep Borrell kicked off a debate a week ago with comments on the politics of generosity and China’s attempt to shape the global narrative on who is helping who.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Huawei says US blacklisting led to $12 billion revenue shortfall in 2019 as profit growth slowedIn May, Huawei was put on the U.S. Entity List, a blacklist that restricts American firms doing business with it. A top executive told CNBC that was to blame for missed revenue targets. FK CHINA! US empire! guard the freedom of earth!
Source: CNBC - 🏆 12. / 72 Read more »
Huawei warns China will strike back against new U.S. restrictionsHuawei warned on Tuesday that 2020 would be its most difficult year yet due to American trade restrictions which dealt a blow to its overseas sales in 2019, and predicted the Chinese government would retaliate against the United States. *due to “I can’t allow a chinese IT company grow so fast.” A good company, but hurted by a Gov , this is not unfair, everyone knows Hawei is a innovative company
Source: Reuters - 🏆 2. / 97 Read more »
China won't sit and watch Huawei get 'slaughtered,' exec says as US reportedly preps new sanctions'The Chinese government would not sit there and watch Huawei being slaughtered. I believe there would be counter-measures,' Eric Xu, rotating chairman at Huawei, told CNBC, amid reports the U.S. was preparing new restrictions against the tech giant. Gee, that's too bad. Fuck China Are we at war with China now? Tariffs,, biological attack,, more tariffs ,, destroy one of their comp,,
Source: CNBC - 🏆 12. / 72 Read more »
The Pandemic Won’t End Sino-American Tensions Over HuaweiHeard on the Street: Another round of tensions between the U.S. and China over telecom-equipment giant Huawei is in the cards, with global chip makers the likely losers USA needs 5G equipment from HUAWEI to defend COVIOD-19. Save lives first！ Huawei, the giant lier.
Source: WSJ - 🏆 98. / 63 Read more »
Huawei Warns U.S. of Retaliation by Beijing; Profit Growth SlowsThe chairman of Huawei warned the U.S. to expect countermeasures from the Chinese government if it further restricts the technology giant’s access to suppliers, as the company’s profit last year grew at the slowest pace in three years. Sanctions on China like Iran? POTUS Huawei is a fuckwiz
Source: WSJ - 🏆 98. / 63 Read more »
EU proposes short-time work scheme to avoid coronavirus lay-offsThe European Commision proposed a short-time work scheme on Wednesday modelled on Germany's Kurzarbeit programme to help people keep their jobs as the coronavirus pandemic hits economies across the 27-nation bloc.
Source: Reuters - 🏆 2. / 97 Read more »