The US is set to add dozens of Chinese companies, including the country’s top chip maker, SMIC, to a trade blacklist on Friday, two people familiar with the matter said.
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Swedish regulators on Tuesday banned the use of telecommunications equipment from China’s Huawei and ZTE in its 5G networks ahead of the spectrum auction scheduled for next month.
Promoted | ZTE has launched its first 5G wireless router, the ZTE 5G Indoor Router MC801A, in South Africa in collaboration with MTN.
The Federal Communications Commission on Tuesday formally designated Chinese’s Huawei Technologies and ZTE as posing threats to US national security.
The US and China are moving beyond bellicose trade threats to exchanging regulatory punches that threaten a wide range of industries including technology, energy and air travel.
Huawei Technologies and ZTE on Monday asked US regulators to keep them off a list of companies deemed national security threats, a label that would bar them from selling gear to subsidised US carriers.
The US has been warning other countries not to buy telecommunications gear from China’s Huawei and ZTE. The government will soon put real money behind the effort.
Japan and South Korea are showing no signs of resolving an escalating trade dispute, which traces back to 1910. It now poses a threat to the world’s technology supply chain.
In the race for tech supremacy, China is betting it can seize the lead by building the world’s biggest 5G wireless networks.
The US-China technology Cold War is about to spread, and that will force leaders to make some difficult decisions.