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Huawei, the crown jewel of China’s tech trade, is reeling from a monetary one-two punch delivered by US chip sanctions and a marketing campaign geared toward chopping worldwide markets.
However with Huawei quickly increasing into new markets and the Chinese language authorities investing closely to realize technological independence from the West, that leverage could not final for lengthy.
The US authorities has focused Huawei over alleged espionage and ties to the state, claiming that the corporate’s 5G wi-fi gear poses a safety threat. The rise of Chinese language corporations is seen by many within the West as linked to the Chinese language authorities’s energy and its model of techno-authoritarianism.
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