By Tyler Durden
The U.S. (and other countries, ahem Canada) have not presented any conclusive evidence that Chinese telecom giant Huawei threatens their national security and are merely stirring fears out of self-interest, a Chinese government spokeswoman said on Wednesday.
According to Foreign Ministry spokeswoman Hua Chunying, Huawei’s critics are conjuring up threats and misusing state power to “suppress the legitimate development rights and interests of Chinese enterprises” and are “using political means to intervene in the economy.”
Hua continued his slam of the US saying that “all countries should deal with relevant matters in an objective, comprehensive, rational, and correct manner, rather than fabricating excuses of all kinds for one’s own pursuit of interest at the cost of others, which is quite hypocritical, immoral, and unfair.”
Needless to say, Hua’s comments – coming just as US trade negotiators are in Beijing with president Xi unexpectedly set to join the discussions – at a daily briefing were “some of the sharpest yet” in the growing feud over Washington’s drive to convince other nations to shut Huawei out of their markets due to national security concerns, Reuters reported.
Huawei – the world’s biggest supplier of network gear used by phone and internet companies and the leaders in 5G …read more
Source:: Zero Hedge