Companies in the US work for the shareholders. Companies in China work for the state. This makes business a far different game in China. Chinese capitalism can't be like western capitalism even if it wants to be. The end goals are too different. When a tiger says it has changed its stripes, you have to wonder if hasn't simply weaponized capitalism.
I think Huawei (an International company) is producing many good engineering stuff that can improve the daily life of many people. We need to separate engineering advancement and political issues. I understand why people have these concerns.
Politics and business don’t always work together and this is a perfect case in point. The recent face-off between Google and Chinese government was an ugly reminder that we’re still a long way off from being a globalized (and civilized) economy.
Huawei has been under the scanner for several years now but there are no conclusive evidences to support the allegations. If US decides to ban all Chinese companies and vice-versa, I’m sure it will be a perfect recipe for disaster for both countries.
I can appreciate concerns related to job protection but I’m not fond of playing on people’s sentiments and linking this to “national security fears”. I’m certainly concerned over the future of so-called “global trade” in United States and China alike.
- Keith Schaub
China and India are both acts reasonable and fair here if the story is true.
US and Euro companies might feel a bit disappointed when losing the political 'advantage'.
You can't blame a country's product unsafe... just for some nonsense reasons, US is a racial discriminated country back to when?
why you buy chinese friges/tvs if you think the govenment got a problem?
any product can be checked/tested to ensure it's safety, including food, software etc. you just need to put in some effort to understand it.
china and india, US etc has signed all the treaties so they should not discriminate any chinese product for political reasons, otherwise why not just set up a embargo?
Some US/Euro ppl's plan might be, yeah lets trade, you buy our high margin chips/softwares and we buy your low margin shoes... In the end I will make ten times what you make....
so when it comes to china/india compete with them in high margin areas they started to ....
EET please wake up and let your editors have some basic sense.
It is justified for responsible people in a country to monitor the activities of foreign entities, communist set-up or not. Freedom is only meaningful, if fair to all. It will be foolish to regard the Chinese companies with the same yard sticks. If necessary, a change in yard stick is called for, similar to what the telecom authorities in India have done.
Feory: Interesting story on India. I'll try to look into it. It suggests US an Euro companies don't want to let go of their high margins and proprietary software while a hungrier China will be more competitive.
All: Agreed China has a poor record in IP and human rights. But the proper response from the US gov't is not to try to shut its companies our of US markets.
Definitely not! It is a matter of national security risks. frankly, Huawei is business front of a hidden arm of the Chinese Military machine. the network eqipments from Huawei will allow backdoor for China to spy or worst - disrupt US Internet infrastructure when a US China conflict occurs (trade war, attack of Taiwan, etc.) The comparison of US companies vs. Huawei taking order from the government is naive and stupid. US engineers will not accept nor keep silence if CIA ever try to recruit them to create backdoor. We have a much higher standard of ethics. For China, if an engineer/company does not do what the government wanted; their lives and families are dead. This author needs to learn better about how a communist system works and use its power.