Daily Trends Now
Daily Trends Now


Amidst CFO Arrest, Chinese Firms Paying Their Employees To Buy Huawei

Amidst CFO Arrest, Chinese Firms Paying Their Employees To Buy Huawei

The names of the two companies will most likely be omitted in the order but, Commerce Department officials "would interpret it as authorization to limit the spread of equipment" made by Huawei and ZTE.

The order follows the passage of a defense policy bill in August that barred the US government itself from using Huawei and ZTE equipment.

"It's best to let facts speak for themselves when it comes to security problems", Ms Hua said.

He said: "We've got to look at what partners such as Australia and the U.S. are doing to ensure they have the maximum security of that 5G network and we've got to recognise that the Chinese state does sometimes act in a malign way".

The executive order would invoke the International Emergency Economic Powers Act, a law that gives the president the authority to regulate commerce in response to a national emergency, Reuters explains. Most rural networks in the United States are using Huawei and ZTE telecom equipment, which is nearly four times cheaper than the competition.

As many as 20 of the Chinese companies are reportedly offering their support to the tech-giant Huawei Technologies, after the arrest of the chief financial officer of the company which happened in Canada, earlier in this month. "This is actually tantamount to closing the door of openness on yourself, as well as the door of progress and fairness".




The United States and China are locked in a trade war that has disrupted the flow of hundreds of billions of dollars of goods.

Huawei facing intense scrutiny in the West over its ties to the Chinese government.

Mr Williamson warned that Huawei's role would have to be looked at "very closely" amid growing global concerns from the US, Australia and New Zealand about the security risks posed by the Chinese company.

The American Rural Wireless Association, which represents network operators with less than 100,000 subscribers, estimates that a quarter of its members have equipment from the two Chinese firms in their networks. Like Huawei, ZTE has also previously denied allegations its products are used to spy.

United Kingdom communications company BT has already said it is removing Huawei equipment from its 3G and 4G networks, and pledged not to use the firm's products in the "core" of its 5G service.

follow

editors' picks

December 27, 2018
UFC 232 Embedded Episode 2: Fight Week Draws Near
Jones improved to 19-1 with a unanimous decision victory, it wasn't until the fourth and fifth rounds that Jones took control. The concern began earlier this week when USADA reported an atypical result from a December 9th drug test submitted by Jones.

December 27, 2018
Young playmaker included and could feature for Man United vs Huddersfield
He's a Manchester United boy through and through and knows what it means to play for the club". Manchester United's 3-1 win over Huddersfield makes it 2 in a row for Ole Gunnar Solskjaer .

December 27, 2018
Trump, visiting troops in Iraq, defends Syria pullout plan
Trump campaigned for office on a platform of ending USA involvement in foreign trouble spots, such as Syria, Afghanistan and Iraq. He voiced strong U.S. support to unite political factions in Iraq, including integrating minority Sunnis into the government.

December 25, 2018
Congress, White House talking, but no quick end to shutdown
Asked whether he's willing to increase the price tag as long as the money is not spent on a wall, Durbin responded: "Absolutely". Following the Saturday meeting, a Schumer spokesman said, "The Vice President came in for a discussion and made an offer".

December 21, 2018
Eddie Howe: 'Callum Wilson will not join Chelsea in January'
Chelsea are expected to make a couple of changes in defence after Sarri rested David Luiz and Marcos Alonso for the win over Bournemouth .

December 20, 2018
UK Government to Review E-Cigarette Regulations Post-Brexit
While the devices are believed by many to be safer than traditional tobacco cigarettes, they are far from harmless. The percentage of 8th-grade students vaping in the past 30 days increased too - from 3.5 percent to 6.1 percent.

December 20, 2018
IPL 2019: Mumbai Indians Owner Akash Ambani Reacts After Buying Yuvraj Singh
West Indies players were in demand with Royal Challengers Bangalore paying 42 million Indian rupees for Hetmyer. Indian Test player Hanuma Vihari was sold to Delhi Capitals for Rs two crore, four times his base price.

December 19, 2018
After the Fed's likely rate hike this week, all bets are off
Analysts widely expect the central bank to raise short-term interest rates, but the focus will be on the outlook for next year. Powell himself could provide clarity in his news conference if he indicates where he thinks the "neutral rate" is.

December 13, 2018
Former Canadian diplomat detained in China
Trump said while "my people" have spoken with China about the case, he has yet to discuss it with Chinese President Xi Jinping. Speaking in Beijing, Chinese foreign ministry spokesman Lu Kang said Meng's arrest "was a mistake from the start".

December 11, 2018
Everyone noticed Mo Salah's goal celebrations for Liverpool vs Bournemouth
There was no argument about his second straight after the interval when he fired into the corner. To think some people suggested he might have a quiet season.