See More on Facebook

Business, Diplomacy

Restriction on Huawei provides chances for Europe

The US has put massive restrictions on Huawei with US firms also taking part.


Written by

Updated: May 30, 2019

United States government restrictions on Chinese technology champions like Huawei provide “enormous” opportunities for European counterparts, according to industry insiders.

Technology firms from the United Kingdom and other European nations still have synergistic business relationships with Chinese counterparts.

“The UK’s 5G development needs participation from Huawei. The UK government and companies should make decisions by measuring Huawei’s merits rather than political powers,” said John McLean, director of the China-Britain Business Council, in an exclusive interview with China Daily.

Technology is reshaping the world order and has become a determining factor for countries to reposition themselves in the global arena, said McLean, who is also special adviser to the lord mayor of London on China.

“The US is leveraging political power to influence global free trade. The real purpose is not just about tariffs, it’s about a whole package to force China to do something in the trade war. The US is so eager because the biggest world power is facing rising technological challenges from burgeoning economies, including China,” he added.

He said no party should harm the free choice of customers. “If it works for businesses and customers, it should work for everybody.”

“The economic cooperation between China and Europe has great potential. Enormous opportunities await to be tapped in sectors including technology, education and healthcare,” McLean added.

His words came as China and the US, the world’s two largest economies, have been embroiled in a trade confrontation over the past year.

Washington has also increased tensions by adding Chinese tech firms, including Huawei, to its Entity List, which would effectively ban US companies from selling components and software to them.

“The worst part of the current trade tension between China and the US is having created uncertainty in the global economy,” said Luigi Gambardella, president of ChinaEU, an international association in Brussels that promotes digital and internet cooperation.

Global US companies are likely to suffer heavily if they are prevented from striking deals with Chinese subcontractors and clients, Gambardella said.

“Think about companies like Apple and Microsoft-what will happen to them if globalization is rolled back?” he added.

Both McLean and Gambardella suggested that China and Europe have great potential for cooperation in key emerging sectors.

“China and Europe’s cooperation on big data will be promising and the two sides should jointly build a better global digital community,” Gambardella added.

“Logistics chain, transportation and production can be largely improved by digitalization.”

Xiang Ligang, director-general of Information Consumption Alliance, a telecom industry association, said Chinese companies have long attached great importance to Europe as epitomized by Huawei, which has established 23 research and development centers cross 14 European countries.



Enjoyed this story? Share it.


China Daily
About the Author: China Daily covers domestic and world news through nine print editions and digital media worldwide.

Eastern Briefings

All you need to know about Asia


Our Eastern Briefings Newsletter presents curated stories from 22 Asian newspapers from South, Southeast and Northeast Asia.

Sign up and stay updated with the latest news.



By providing us with your email address, you agree to our Privacy Policy and Terms of Service.

View Today's Newsletter Here

Business, Diplomacy

New Delhi slams Islamabad for unilaterally stopping postal services

Prasad further said that Pakistan ‘without any prior notice or information has stopped sending postal department’s letter to India’. Union Minister Ravi Shankar Prasad on Monday said that Pakistan had stopped postal service from India for the last two months and slammed the move saying that it was in contravention of international norms. “For the last two months, Pakistan has stopped postal service from India. It’s directly in contravention of the World Postal Union’s norms,” Prasad told reporters. “But Pakistan is Pakistan,” Prasad, who is the Minister for Communications and IT, added. He said that Pakistan “without any prior notice or information has stopped sending postal department’s letter to India”. Pakistan has upped the ante against India ever since Parliament withdrew special category status to Jammu and Kashmir by revoking Article 370 of its Constitution.


By Dawn
October 22, 2019

Business, Diplomacy

Beijing sounds warning against foreign interference at annual security forum

China’s Defence Minister Wei Fenghe delivers a speech at the Xiangshan Forum in Beijing, China. China’s Defence Minister Wei Fenghe sounded a thinly veiled warning against the United States at a security conference in Beijing, saying that interfering in the internal affairs of others and inciting colour revolutions have led to wars and turbulence in various regions in the world. Such “reckless interference” would not foster harmonious relations, said General Wei on Monday (Oct 21) in his speech to open the conference. Beijing has blamed foreign countries, including the US, for inciting the unrest that has convulsed Hong Kong for five months. It has also


By The Straits Times
October 22, 2019

Business, Diplomacy

Border clash with India leaves 7 dead in Pakistan

Kashmir is becoming an untenable boiling point. At least six civilians and a Pakistani soldier were killed as Indian troops resorted to “indiscriminate and ruthless” shelling from across the Line of Control (LoC) in Azad Jammu and Kashmir (AJK), officials said on Sunday. Officials said that nine other civilians were injured, adding that this was the highest death toll in 2019 in a single day of Indian shelling from across the dividing line. Inter-Services Public Relations (ISPR) notified through a tweet that one soldier had been martyred in the exchange of fire while two others were injured. ISPR added that in response to unprovoked ceasefire violations by India in Jura, Shahkot and Nauseri sectors, nine Indian soldiers were killed while several ot


By Dawn
October 21, 2019

Business, Diplomacy

Chinese TV drama to air on Kenya’s national television

China has expanded aggressively into Africa. Kenya Broadcasting Corporation on Saturday signed a partnership agreement with China’s National Radio and Television Administration that will see the national broadcaster air a popular Chinese TV drama, Feather Flies to the Sky. The drama is a 55-episode series that will be aired by national broadcaster Channel one TV until June next year. Speaking during the launch event in Nairobi, Kenya, Dr Naim Bilal, the managing director of Kenya Broadcasting Corporation, said the TV series has been dubbed in Standard Kiswahili, one of the official languages in Kenya, to make it appealing to many people. “We have reviewed the series, looked at its quality and content as well as the quality of the language, and we are fully satisfied that it’s a drama that is going to entertain Kenyans,” Bilal said. He sa


By China Daily
October 21, 2019

Business, Diplomacy

‘History will take note of those who ridiculed removal of Article 370’: PM Modi in Maharashtra

PM Modi also expressed confidence that the BJP will break all victory records in the October 21 Maharashtra Assembly elections. Prime Minister on Thursday once again lashed out at the opposition saying that history will take note of those who mocked the abrogation of Article 370, that gave special status to Jammu and Kashmir. “Whenever Article 370 will be discussed in history, — the decision that was taken in the interest of the country — the people who opposed and ridiculed will be remembered,” PM Modi said while addressing a poll rally in Maharashtra’s Parli. He said the next week’s state Assembly elections were a battle between BJP’s “karyashakti” (power of development) and opposition’s “swarth shakti” (selfishness). Further targeting the Congress and NCP leaders, he wondered if “frustrated and dejected” people could do anything good for people. “A Congress


By The Statesman
October 18, 2019

Business, Diplomacy

More changes friendly to foreign investors on way in China

China is courting more FDI as their cash reserves run lower. China will roll out more measures friendly to foreign investors, including further removing business restrictions and leveling the playing field for foreign businesses, to foster a more enabling business environment and attract overseas investment. The decision was made on Wednesday at a State Council executive meeting chaired by Premier Li Keqiang. Meeting participants decided to open up more areas. Restrictive measures outside the national and FTZ negative lists on foreign investors’ market access will be consolidated. Restrictions will be lifted on the business scope for those foreign-invested banks, securities companies and fund management firms that are already operating in China. Policies on foreign investment in the automobile industry will be refined, including giving equal treatment in market access to domestic and foreig


By China Daily
October 18, 2019