News from UK and us: Huawei and SMIC are under pressure again

category:Finance
 News from UK and us: Huawei and SMIC are under pressure again


According to Reuters, the British government announced on November 30 local time that since September 2021, its communications companies have banned the installation of new Huawei 5g equipment, while the US Department of defense has listed SMIC and CNOOC on the blacklist of enterprises associated with military activities, Reuters reported.

5g of UK clears up Huawei

Britain is an ally of the five eyes alliance of the United States. Previously, the United States discredited Huawei and Chinas 5g development with cold war thinking, provoked Sino British Relations and undermined Sino British cooperation. In July this year, the UK decided to stop using Huawei equipment in 5g construction. The British government said at the time that the UK would stop buying new Huawei equipment from December 31, 2020, and the Huawei equipment currently used in the UK 5g network must be removed by 2027.

In October, Sweden also banned Huawei and ZTE from participating in the countrys 5g network construction for security reasons. Specifically, Swedish telecom companies participating in the auction were prohibited from using Huawei or ZTEs 5g equipment. Those in use must be replaced before the beginning of 2025.

Oliver Dowden, the UKs digital minister, called Huawei a high-risk seller in a statement, claiming it posed a threat to so-called national security, Reuters reported. The UK government also announced a diversified 5g supply chain strategy, including cooperation with NEC and the formation of new research equipment, with an initial investment of 250 million pounds.

Chinas Foreign Ministry spokesman Hua Chunying has already stated that the British side, without any concrete evidence, cooperates with the United States in discriminating against and excluding Chinese enterprises under the pretext of unnecessary risks. This flagrantly violates the principles of market economy and free trade rules, violates the relevant commitments made by the British side, seriously impairs the legitimate interests of Chinese enterprises and seriously impacts the mutual trust in Sino British cooperation China strongly opposes this.

Four Chinese enterprises in the blacklist?

CNOOC announced on November 30 in the Hong Kong stock exchange that the relevant US government agencies may add the companys controlling shareholder, CNOOC, into the blacklist of enterprises suspected of having ties with the Chinese military. The company has inquired with CNOOC and understands that CNOOC has not received any formal notice or decision from the relevant US government agencies.

SMIC also said in response to Reuters that the company will continue to engage in constructive and open contact with the U.S. government, and its products and services are only used for civil and commercial purposes. The company has no relationship with the Chinese military, nor does it manufacture products for any military end-users or end-users.

As early as June 24 this year, 20 Chinese enterprises, including Huawei, Hikvision and China Mobile, were listed as owned or controlled by the Chinese military. On August 28, 11 Chinese enterprises were added to the list.

The Financial Times reported in June that listing alone would not trigger sanctions, but the US president could decide whether to impose sanctions, including blocking the property of these enterprises. Geng Shuang, Chinas Deputy Permanent Representative to the United Nations, has previously said that Chinas military civilian integration development policy aims to effectively integrate military and local resources, coordinate and promote economic and social development and national defense construction, and benefit more scientific and technological achievements to the people. This policy is open and aboveboard, and there is no problem of so-called stealing or transferring foreign technology. He pointed out that some U.S. officials, ignoring the facts, maliciously distorted Chinas military civilian integration development policy, and attempted to use this as an excuse to promote the technical blockade against China and interfere with and hinder normal economic, trade and scientific and technological cooperation between China and other countries. This old Cold War mentality goes against the spirit of international cooperation and the current trend of the times, and damages the interests of China and the United States and even the common interests of all countries in the world. Source of this article: National through train editor: Chen Hequn_ NB12679

Geng Shuang, Chinas Deputy Permanent Representative to the United Nations, has previously said that Chinas military civilian integration development policy aims to effectively integrate military and local resources, coordinate and promote economic and social development and national defense construction, and benefit more scientific and technological achievements to the people. This policy is open and aboveboard, and there is no problem of so-called stealing or transferring foreign technology.