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HUAWEI FOUNDER AND CEO CALLS FOR THE EASING OF US – CHINA TRADE RELATIONS
Huawei Founder and CEO Ren Zhengfei has outlined the benefits that will be gained by deeper cooperation between US and Chinese companies in the technology field .
Ren Zhengfei , Founder and CEO , Huawei , has
spoken out about the benefits to be gained by deeper cooperation between US and Chinese companies in the technology field .
Talking with international media in a recent press conference , the executive advocated for the easing of US – China trade restrictions and more open US trade under the Biden administration .
“ Trade benefits all sides . Allowing US companies to supply goods to Chinese customers is conducive to their own financial performance .
We rely on globalisation . As humanity keeps making progress , no company can develop a globalised industry alone . It requires concerted efforts from around the world .
parts and machinery , so that US companies can also develop with the Chinese economy .”
“ If Huawei ' s production capacity is expanded , that would also mean US companies could sell more to Huawei . It ' s a win-win situation ,” noted Zhengfei . “ We still hope to be able to buy a lot of US components ,
In recent years , the US has adopted stricter trade policies with China , particularly in the technology domain . Zhengfei acknowledged that some US politicians have concerns over the potential impact
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