OK, I think we get the point. Yes, the U.S. government has recently been tough on Chinese investors.
Critics of the U.S. House Intelligence committee report on Huawei and ZTE fail to understand that this wasn’t about past bad acts but rather future “What If?” scenarios.
ZTE thinks a rigorous testing regime should allay the fears of the U.S. government. Not going to happen, although I have no idea why.
Everyone seems to think that Huawei and ZTE assembled a crack team of U.S. experts to help them with the investigation. So where were they?
I may not like the report and what it represents in terms of U.S.-China relations, but neither do I detect the usual protectionism or China bashing.
Once the scope of the investigation was determined, there was simply no chance that this exercise was going to end well for Huawei and ZTE.
We’re just getting back from the week-long holiday over here, so not much in the way of important domestic news. Luckily for China watchers, the U.S. Congress has come to the rescue by issuing the eagerly anticipated report on Chinese telecom giants Huawei and ZTE. The report itself, which deals with the national security implications…
The U.S. government has a right to ask tough questions of foreign investors in the sensitive telecom sector, but this hearing was a waste of time.
U.S. China bashers have jumped the shark. This latest round of wingnuttery almost made me apoplectic.
According the the US Senate, Chinese telecom equipment and terminal manufacturer Huawei spent USD 820,000 on lobbying in the US in H1 2012, compared to USD 200,000 in 2011. Chinese telecom equipment and terminal manufacturer ZTE (0763.HK; 000063.SZ) has spent USD 80,000 on lobbying in the US in H1 2012, down from USD 100,000 in…
The U.S. Congress may finally try to get some concrete answers on Huawei’s ties to Beijing. Should be fun to watch either way.
The next time ZTE complains about inward investment trouble in the U.S., I think we’ll know why.
Huawei once again ventures forth into a foreign court to protect its IP rights, but this time its opponent is a local competitor.
After patent licensing negotiations broke down, Ericsson said, like, ‘It’s on, bitch!” and ZTE, like they said, ‘Oh no, you di’n’t!’