Trump-Xi Meeting: US to Lift Ban on High Tech Sales to China’s Huawei? While Keeping Chinese Telecom Companies on a Blacklist
NOVANEWS
By Stephen Lendman
Global Research
In May, the Trump regime placed China’s tech giant Huawei and its 70 affiliates on its so-called Entity List.
The action shut them out of the US market, along with banning sales of US tech products and components to the companies without Washington’s approval.
The move was unrelated to US national security concerns. It’s all about wanting US telecommunication companies to have a competitive advantage over Huawei.
The Chinese tech giant is leading the race to roll out 5G technology in Western and world markets. At stake are trillions of dollars of economic value, why the company is targeted.
The Trump regime wants China prevented from becoming an economic, industrial, and technological powerhouse on the world stage.
Following talks with C...