Beijing may consider retaliatory measures against the Chinese operations of two major European telecommunication-equipment manufacturers, Nokia Corp. and Ericsson , if the European Union members follow the lead of the U.S. and U.K. in barring China’s Huawei Technologies Co. from 5G networks, The Wall Street Journal reported.
Citing sources familiar with the matter, The Wall Street Journal reported that China’s Ministry of Commerce is considering placing export controls on Finland's Nokia and Sweden's Ericsson that will prevent them from sending products they manufacture in China to other countries. Both Nokia and Ericsson have manufacturing plants and thousands of employees in China.
Last week, the U.K., which exited the EU earlier this year, ordered its wireless carriers to stop buying Huawei 5G equipment by the end of 2020 and remove all existing gear made by the Chinese telecoms behemoth from the 5G network by 2027.
The EU has so far not recommended a ban on Huawei but has issued a so-called “toolbox” of security standards that member states should apply while using suppliers considered to be high risk to build 5G networks.
Germany, EU’s economic powerhouse, is still not decided on allowing Huawei to build its 5G network.
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.