Sino-Euro War of Words
At the same time as Huawei Technologies Co. Ltd. , the world's second-largest provider of telecom systems, was winning a court battle over its intellectual property and writing its open letter to the U.S., the sparks were flying between Europe and China. (See Huawei's Open Letter to the US, Court Finds for Huawei vs Moto and Huawei Annual Revenues Hit $28B.)
Following moves by the European Commission to investigate trading practices by Chinese technology companies in Yoorup, The Wall Street Journal published a report suggesting China's Ministry of Commerce had conducted a study showing high levels of European Union financial support for its indigenous telecom sector, notes Europolitics. (See EC Circles Huawei, ZTE.)
However, Reuters reports that the Chinese ministry has denied conducting any such report, but that it would pay close attention to the subsidies referenced in the WSJ report.
Is anyone else sensing a trend here?
— Ray Le Maistre, International Managing Editor, Light Reading