US-China Trade War Continues after Huawei case, with US revoked US license of China Telecom, so China Telecom must stop providing services in America within 60 days. The “national security” concerns, as cited by the US to prevent the Chinese government to access, store, disrupt, and/or misroute US communications. China Telecom has already provided telecoms services in the US for nearly 20 years. For those who are not aware who China Telecom is, it is one of three companies that dominate the China telecoms market. This is the high profile case after Huawei and ZTE. As a news source, the US is in the process of doing so for the other state-backed firms China Unicom Americas and Pacific Networks.
It seem even so change from Trump to Biden government, the overall standing and aim remain, the world superpower landscape will undergoing dynamic change further if the US-China Trade War continue. With the current move, China Telecoms operations in the US have 60 days to wind up.
A side note that China Mobile recently awarded the entirety of its latest network tender to Huawei and ZTE and shuts out foreign vendors from the USD 1.2 Billions 5G tender. It seems another case touching on the 5G wireless mobile network. Let follow and see the continuation of how the case goes on for both sides.
In early of the year, US New York stock exchange delisted Chinese Telecom, including China Mobile, China Unicom and China Telecom to bar Americans from investing in companies with ties to the Chinese military.
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