U.S. Allies Capture China Tech Business Despite Washington’s Curbs - News Summed Up

U.S. Allies Capture China Tech Business Despite Washington’s Curbs


TOKYO—The U.S. is making it tougher for American companies to help China roll out superfast cellular networks. But companies in Japan, a U.S. ally, are fueling China’s leap ahead and making money doing it. By the end of the year, China plans to deploy more than a half-million base stations in its $150 billion push to blanket the nation with fifth-generation cellular service, often with equipment from national champion Huawei Technologies Co....


Source: Wall Street Journal June 29, 2020 10:07 UTC



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