Technology

China Says New Huawei Restrictions Will Hurt World Trade

China Says New Huawei Restrictions Will Hurt World Trade

China says a new set of U.S. trade restrictions on Chinese technology company Huawei will hurt world trade. The new U.S. rules block suppliers from using American technology to produce processor chips and other electronic parts for Huawei. The Chinese company is a major supplier of equipment to telecommunications companies around the world and is also a major producer of smartphones.

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