Following intense pressure from the US on its European allies to boycott the use of Huawei products in the rollout of next-generation 5G products and shut out the Chinese telecom giant from local markets, Germany was the first nation to rebuke Washington, with Handeslblatt reporting last week that the German government wanted to avoid excluding products offered by Huawei.
Now it's the UK's turn.
In the latest "serious blow" to US efforts to persuade allies to ban the Chinese supplier from high-speed telecommunications systems, the FT reported that the British government has concluded that it can "mitigate the risk from using Huawei equipment in 5G networks."…
Not onboard with the de facto US embargo.
Zero Hedge
In "Serious Blow" To US, Britain Concludes Huawei Is "Manageable Risk" To 5G Rollout
Tyler Durden
Zero Hedge
In "Serious Blow" To US, Britain Concludes Huawei Is "Manageable Risk" To 5G Rollout
Tyler Durden
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