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SHENZHEN, China, Feb 8 (Reuters) - Meng Wanzhou will begin her term as the rotating chairperson of Huawei Technologies (HWT.UL) on April 1, Shanghai Security News reported on Wednesday. Meng returned to China in September 2021 after nearly three years detention over alleged attempts by Huawei-linked companies to sell equipment to Iran in breach of U.S. sanctions. Meng, the daughter of Huawei founder Ren Zhengfei, was allowed to return home after reaching an agreement with U.S. prosecutors. Huawei’s website announced last year that Meng, the company's finance chief, would become rotating chairperson, but did not specify when her term would begin. In the role, she will act as the company's top leader and head Huawei's board of directors for six months.
Hong Kong CNN —China has hit back after reports that Washington is moving to further restrict sales of American technology to Huawei. “China is deeply concerned,” Mao Ning, a spokesperson for the country’s foreign ministry, said at a press conference Tuesday. The following year, the US government expanded on those curbs by seeking to cut Huawei off from chip suppliers using US-made technology. US officials have argued that Huawei poses a risk to US national security. Western security experts, however, have said that China’s national security and intelligence laws require Chinese companies to comply with demands for information.
HONG KONG—Huawei Technologies Co. said it has exited “crisis mode” following punishing U.S. restrictions, as it reported growth in its telecom infrastructure business and flat overall revenue for 2022. restrictions are now our new normal, and we’re back to business as usual,” said Eric Xu , Huawei’s current chairman, in a New Year’s message to employees that was released by the company.
McCarthy also says he plans to create a House select committee on China, the first since the late 1990s. House Republicans will also investigate the origins of the coronavirus and “the CCP’s role in the spread,” the blog post said, although it is unclear whether that investigation would be part of the select committee. Tensions were further inflamed in August by Pelosi’s Taiwan visit, the first by a sitting U.S. House speaker since 1997. The most volatile issue in U.S.-China relations is the status of Taiwan, which Beijing has not ruled out seizing by force. Speaker of the House Nancy Pelosi speaks with Taiwan's President Tsai Ing-wen in Taipei, Taiwan on Aug. 3, 2022.
Washington CNN Business —The US government is poised to ban all purchases of new telecom equipment from Huawei and ZTE, two Chinese technology giants, in an expanding crackdown against perceived national security risks from China, according to a report by Axios. It added that the ban would only apply to new products by the companies that have not already received FCC equipment authorization. The proposed ban would go further than prior steps the FCC has taken against Huawei and ZTE, whose networking equipment US officials have said could be used to intercept or monitor US communications. The top US wireless carriers have said they do not use Chinese-made equipment; telecom policy experts have said it is almost exclusively found in the networks of small providers seeking to minimize costs. The following year, the US government expanded on those restrictions by seeking to cut Huawei off from its chip suppliers that use US-made technology.
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