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0 0 0.000180082838105493 0.000360165676211113 0.000540248514316606 -0.0012605798667387 -0.000441202953358476 0.00108049702863321
Stock impact report

China lashes out as Europe emerges at front lines of Huawei ‘tech cold war’ [Toronto Globe and Mail (Ontario, Canada)]

CHINA TELECOM (CHA) 
China lashes out as Europe emerges at front lines of Huawei ‘tech cold war’ Last year, Britain’s Vodafone handed China’s Huawei its “Supplier of the Year” award, implying the two telecoms giants were united as long-term strategic partners. This year, Vodafone had a change of heart. The signal came on Friday, when Vodafone, the biggest mobile communications company outside of China, with a stock market value of $64-billion, announced that it would “pause” the purchase of Huawei equipment for its G5 network core systems in Europe. Vodafone’s move came after several European countries, apparently under American pressure, revealed that they would suspend, cancel or review their purchases of Huawei equipment because of security concerns, and almost two months after Sabrina Meng Wanzhou, Huawei’s chief financial officer and the daughter of Huawei founder Ren Zhengfei, was arrested in Vancouver in connection with U.S. allegations that the company violated restrictions on the sales of technol Show less Read more
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