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/CHINA: Per RTRS: "GLOBAL TRADE: The latest......>

US
US: /CHINA: Per RTRS: "GLOBAL TRADE: The latest U.S. government action against
China's Huawei takes direct aim the company's HiSilicon chip division--a
business that in a few short years has become central to China's ambitions in
semiconductor technology but will now lose access to tools that are central to
its success. That could make it the most damaging U.S. attack yet against a
Chinese company that U.S. officials told reporters Wednesday functioned as a
"tool of strategic influence" for the Chinese Communist Party. Huawei
Technologies Co Ltd for its part denounced the U.S. allegations and called the
new measures "arbitrary and pernicious."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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