Huawei should be publicly traded before supplying 5G gear, ex-envoy says [Toronto Globe and Mail (Ontario, Canada)]
JD.com, Inc. - American Depositary Shares (JD)
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Source: Toronto Globe and Mail
Huawei could be part of 5G in Canada if it was publicly traded, ex-envoy says Chinese telecom giant Huawei should be required to set up a publicly-traded company in Canada if it wants to be permitted to supply gear for this country’s 5G networks, former Canadian ambassador to China Guy Saint-Jacques told a Parliamentary committee Monday. “We should tell Huawei we welcome all public companies,” he told media later. “The idea would be to bring more transparency to its operations … if you are listed on the TSX you have to abide by the rules,” he said, referring to the Toronto Stock Exchange. Under this proposal, Huawei would then face greater disclosure and reporting requirements in Canada. Canadian Members of Parliament have formed a special committee to study Canada-China relations following Beijing’s decision to lock up two Canadians in a case of what critics call “hostage diplomacy.” China has said relations will not return to normal until Canada frees Huawei executive Meng Wanzhou,
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