China warns UK: 'Dumping' Huawei will cost you

[webfact]

China warns UK: 'Dumping' Huawei will cost you

By Guy Faulconbridge and Martin Quin Pollard

 

FILE PHOTO: Huawei headquarters building is pictured in Reading, Britain July 14, 2020. REUTERS/Matthew Childs/File Photo

 

LONDON/BEIJING (Reuters) - China warned British Prime Minister Boris Johnson on Wednesday that his decision to ban Huawei from the 5G network would cost Britain dearly in investment, casting the move as the result of politicised pressure from U.S. President Donald Trump.

 

Hours after Johnson ordered Huawei equipment to be purged from the nascent 5G network by the end of 2027, Trump claimed credit for the decision and said that if countries wanted to do business with the United States they should block Huawei.

 

But China, whose $15 trillion (11.8 trillion pounds) economy is five times the size of Britain's, warned the decision would hurt investment as Chinese companies had watched as London "dumped" the national telecoms champion.

 

"Now I would even say this is not only disappointing - this is disheartening," Chinese Ambassador Liu Xiaoming told the Centre for European Reform, adding that Britain had "simply dumped this company".

 

"The way you are treating Huawei is being followed very closely by other Chinese businesses, and it will be very difficult for other businesses to have the confidence to have more investment," he said.

 

As Britain prepares to cast off from the European Union, fears over the security of Huawei have forced New York-born Johnson to take sides in the rivalry between the United States and China.

 

In Beijing, the foreign ministry cast Britain as "a relatively small place" that was becoming subservient of the United States.

 

"Does the UK want to maintain its independent status or be reduced to being a vassal of the United States, be the U.S.'s cats paw?" Chinese foreign ministry spokeswoman Hua Chunying said. "The safety of Chinese investment in the UK is being greatly threatened."

 

CHINESE MONEY

Britain has become increasingly reliant on Chinese imports. Some 9% of all goods imported into Britain in 2018 - worth 43 billion pounds ($54 billion) - came from China, double the proportion from 15 years earlier.

 

But British companies have also invested increasingly in China. Between 2013 and 2018, they more than doubled their investment position in the world's No.2 economy to 16 billion pounds, according to official British data.

 

By contrast, Chinese investment in British companies stood at 1.8 billion pounds in 2018 - far below that of the United States, which is the biggest single foreign investor in Britain.

 

Trump identifies China as the United States' main geopolitical rival, and has accused the Communist Party-ruled state of taking advantage over trade and not telling the truth over the novel coronavirus outbreak, which he calls the "China plague".

 

U.S. President Donald Trump said that he was responsible for Prime Minister Boris Johnson's decision to ban Huawei from Britain's 5G network from the end of 2027.

 

Washington and its allies say Huawei technology could be used to spy for China. Huawei has denied this.

 

"We convinced many countries, many countries - I did this myself for the most part - not to use Huawei, because we think it's an unsafe security risk, it's a big security risk," Trump told reporters in the White House Rose Garden on Tuesday.

 

"I talked many countries out of using it: if they want to do business with us, they can't use it. Just today, I believe that UK announced that they're not going to be using it."

 

Britain has said that its ban on Huawei is motivated by its own security concerns and by worries that supplies of Huawei gear could be interrupted by U.S. sanctions.

 

It denied that Trump alone was responsible for the Huawei ban. Asked about the comments, British Health Secretary Matt Hancock said: "Well, we all know Donald Trump, don't we."

 

(Reporting by Guy Faulconbridge in London and Martin Pollard in Beijing; Editing by Michael Holden, Alex Richardson and Peter Graff)

 

-- © Copyright Reuters 2020-07-16

 

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[tribalfusion001]

Bothered, virus spreaders.

[Puchaiyank]

You know in your heart...that you can believe the Chinese...????

[englishoak]

Poor old poo, just isnt his year is it ? ????

 

[sammieuk1]

Upsetting the Chinese after what they have given us haha how about a half a £trillion bill for you Xi ????

[ezzra]

China, the ultimate schoolyard bully...

[Damrongsak]

Then there's the new Chinese conglomerate.  It's a merger between Wi Tak Ova, Wat Yu Gana Do, and Up Yuz.  The new name will be CCP Game Over. 

[thaibeachlovers]

50 minutes ago, webfact said:

Britain has become increasingly reliant on Chinese imports. Some 9% of all goods imported into Britain in 2018 - worth 43 billion pounds ($54 billion) - came from China, double the proportion from 15 years earlier.

Is someone taking the p***, or is that supposed to be 90%. If it's only 9% that can be discarded without a problem, IMO.

 

 

Best news I've heard in a long while. Anything that weans the west off China is good IMO.

 

52 minutes ago, webfact said:

But British companies have also invested increasingly in China. Between 2013 and 2018, they more than doubled their investment position in the world's No.2 economy to 16 billion pounds, according to official British data.

What that actually means is that British companies have dumped British employees so they could get rich exploiting Chinese peasants, IMO.

 

54 minutes ago, webfact said:

"Does the UK want to maintain its independent status or be reduced to being a vassal of the United States, be the U.S.'s cats paw?"

I thought that happened already, given Blair's ( IMO ) sucking up to Bush during the Gulf war mark 2. Britain has to get it's warplanes from the US now given Britain doesn't actually make much of anything anymore. Used to make as good as any, but all in the past.

[ukrules]

I hear the Chinese threatened to pull out of a deal involving building nuclear power stations in the UK if the Huawei deal doesn't go through as planned.

 

In other news in the UK many, many people are demanding that the nuclear power plant deal with China should be scrapped and we do it another way because of the way they make threats in an attempt to get what they want.

 

I don't think any of these threats work, they should shut up immediately before they do even more damage.

 

China seems to have little idea what's coming their way (or lack of it) in the coming years.

 

 

 

[LeamchabangLarry]

lol these <deleted>  are just insisting on pissing off the entire world with every statement they make

[sabian]

As if they invented this stuff themselves. Stealing tech and info for years which was rightfully ours in the first place then making it cheaper through  lax labour laws and generally poorer materials. 

[JonnyF]

Excellent news. We should boycott them until they improve their human rights record and stop stealing IP.

 

The Brits don't respond well to threats. So jog on, Winnie.

[Chomper Higgot]

3 minutes ago, JonnyF said:

Excellent news. We should boycott them until they improve their human rights record and stop stealing IP.

 

The Brits don't respond well to threats. So jog on, Winnie.

The indications are that Britain has responded to US demands.

 

Get used to it, there’s more to come.

[ChakaKhan]

Watch yourself China or we might stike back and sanction your mama cups.....or worse, shrimp n chix feet

[robblok]

5 minutes ago, Chomper Higgot said:

The indications are that Britain has responded to US demands.

 

Get used to it, there’s more to come.

Yes now that they are no longer in the EU they will either bend over to the US or China. They lost a lot of power by leaving a block. The Brits will have to get used to that.

[vogie]

2 minutes ago, robblok said:

Yes now that they are no longer in the EU they will either bend over to the US or China. They lost a lot of power by leaving a block. The Brits will have to get used to that.

Many on here are acting like a spurned lover.

[Geoffggi]

3 hours ago, webfact said:

China warns UK: 'Dumping' Huawei will cost you

So the statement China came out with - "The way you are treating Huawei is being followed very closely by other Chinese businesses, and it will be very difficult for other businesses to have the confidence to have more investment," is not a show of bullying from China .....................LOL

[watso63]

It's ok, the UK will just keep printing money without a care in the world????????????

[NightSky]

3 hours ago, ezzra said:

China, the ultimate schoolyard bully...

A sign of things to come. Beware those buying into the scheme, you only have to look how they treat their own people.

[robblok]

1 minute ago, NightSky said:

A sign of things to come. Beware those buying into the scheme, you only have to look how they treat their own people.

US is not much different a big bully now too with Trump on the rudder. Every big country will look out for themselves. 

[steelepulse]

Wasn't China claiming early on that Huawei was a private company and not tied to the CCP?  This kind of proves that false narrative.  Now what are the CCP going to do to snoop on everyone as this was their new plan A.

[geriatrickid]

China's current bullying threats to countries include;

1. Australia

2. Canada

3. New Zealand

and now,

4. United Kingdom

And if we toss in the USA, we see that China is going after the 5 eyes. 

 

Time to   give back some of that love.

 

 

[sandyf]

3 hours ago, ezzra said:

China, the ultimate schoolyard bully...

That is a good one, who bullied Bojo into the U turn.

[klauskunkel]

4 hours ago, webfact said:

In Beijing, the foreign ministry cast Britain as "a relatively small place"

China being threatened by "a relatively small place"..., losing confidence in itself.

[Chomper Higgot]

There was absolutely no reason to make the announcement which would very clearly anger China.

 

Other that is than to placate Trump.

 

But go ahead, tell us how China is the bully  as the UK kowtow’s to the US.

 

 

[evadgib]

5 hours ago, webfact said:

"The way you are treating Huawei is being followed very closely by other Chinese businesses, and it will be very difficult for other businesses to have the confidence to have more investment," he said.

 

As Britain prepares to cast off from the European Union, fears over the security of Huawei have forced New York-born Johnson to take sides in the rivalry between the United States and China.

 

In Beijing, the foreign ministry cast Britain as "a relatively small place" that was becoming subservient of the United States.

 

"Does the UK want to maintain its independent status or be reduced to being a vassal of the United States, be the U.S.'s cats paw?" Chinese foreign ministry spokeswoman Hua Chunying said. "The safety of Chinese investment in the UK is being greatly threatened."

 

Confirmation that the CCP does indeed control Chinese companies and that Boris made the right decision in telling them to sling their hook.

(and a good way to express displeasure at their violation of the HK agreement) 

 

Link of peripheral interest from HMG yesterday:

Quote

The government has today published proposals for a new law that will help protect millions of smart device users from cyber criminals.

The proposals, drawn up by the Department for Digital, Culture, Media and Sport (DCMS) and supported by the technical expertise of the National Cyber Security Centre (NCSC), detail the government’s plans to raise the security standard for all consumer smart products sold in the UK.

As a first step the standard will make sure they adhere to three important requirements, which may be expanded on over time in consultation with stakeholders. The three requirements are...

Government advances plans to boost security of smart products

[Chomper Higgot]

2 minutes ago, evadgib said:

Confirmation that the CCP does indeed control Chinese companies and that Boris made the right decision in telling them to sling their hook.

(and a good way to express displeasure at their violation of the HK agreement) 

It confirms nothing of the sort.

 

China’s response to the UK/Hong Kong has yet to come.

 

[robblok]

3 minutes ago, Chomper Higgot said:

It confirms nothing of the sort.

 

China’s response to the UK/Hong Kong has yet to come.

 

Can't say that the UK was wrong on its Hong Kong decision. China did deviate from what was previously agreed upon. 

[Chomper Higgot]

5 minutes ago, robblok said:

Can't say that the UK was wrong on its Hong Kong decision. China did deviate from what was previously agreed upon. 

I don’t disagree, but let’s dispense with this nonsense that the foolish British announcement re Huawei is any kind of payback to China.

 

There was absolutely no reason to make the announcement other than to placate Trump.

 

[rkidlad]

19 minutes ago, Chomper Higgot said:

There was absolutely no reason to make the announcement which would very clearly anger China.

 

Other that is than to placate Trump.

 

But go ahead, tell us how China is the bully  as the UK kowtow’s to the US.

 

 

Any little thing negative towards the CCP angers them.

 

I don't care why the UK s***canned Huawei. I don't want anything to do with a regime that's committing genocide. That's absolutely non-negotiable.