China Warns France Against Excluding Huawei From 5G Networks [Yahoo! Finance News]
Nokia Corporation Sponsored American Depositary Shares (NOK)
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Source: Yahoo! Finance News
Bloomberg) -- China warned France against treating Huawei nologies Co. differently from European competitors when it comes to future 5G network equipment contracts, as the U.S. mounts a campaign to keep the Chinese tech giant at bay. In a lengthy statement issued on Sunday on its website, the Chinese embassy in Paris urged France to establish “transparent criteria and treat all companies in a similar way,” referring to telecom equipment makers. It also warned that a difference in treatment based on the country of origin would be considered “blatant discrimination” and “disguised protectionism.” The statement also carried a veiled warning. “We do not wish to see the development” in China of Finland’s Nokia Oyj and Sweden’s Ericsson AB being “impacted because of discrimination and protectionism” against Huawei by France and other European countries, the embassy said. Why 5G Is Arriving With a Subplot of Espionage: QuickTake The statement comes as France prepares to auction off 5G spect
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