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Share Price: 141.60
Bid: 141.75
Ask: 141.85
Change: -0.95 (-0.67%)
Spread: 0.10 (0.071%)
Open: 142.25
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Low: 140.20
Prev. Close: 142.55
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China is using Huawei to drive a wedge in the UK-US special relationship - senator

Tue, 02nd Jun 2020 17:13

LONDON, June 2 (Reuters) - China is using telecoms giant
Huawei to try to drive a wedge between Britain and the
United States, Republican senator Tom Cotton told British
lawmakers on Tuesday.

Cotton is one of several members of the U.S. Congress who
have sought to put pressure on Britain to reverse its January
decision to give China's Huawei Technologies a limited role in
building Britian's next-generation 5G networks.

"It is my hope that the special relationship remains strong
although I fear China is attempting to drive a hi-tech wedge
between us using Huawei," Cotton told the British parliament's
defence committee.

The United States has raised security concerns about Huawei
equipment, saying it could be used to steal Western secrets, and
has warned that allies that use it in their networks risked
being cut off from valuable intelligence sharing. Huawei has
repeatedly denied the U.S. allegations.

Britain has said the involvement of "high-risk" companies
such as Huawei will be capped at 35% and they will be excluded
from the sensitive core of the network.

Last month the Daily Telegraph newspaper reported that, in
the wake of the coronavirus crisis, Prime Minister Boris Johnson
had asked officials to make plans to reduce China's involvement
in British 5G infrastructure to zero by 2023.

"I do hope that as the government refines its decision, that
if it doesn’t reverse it outright, it will mitigate it and
minimise the use of Huawei technology, put it on a shorter time
frame," Cotton said.

"I would welcome that decision to go to zero by 2023 and I
would urge you to try and do so even sooner," he added.

Since the British decision on Huawei, relations between
London and Beijing have grown tense over the situation in Hong
Kong.

On Tuesday, Britain said Beijing should step back from
introducing a national security law in Hong Kong which it said
was in breach of the 1984 agreement marking the handover of its
former colony to China.

(Reporting by Kylie MacLellan and Jack Stubbs; Editing by Angus
MacSwan)

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16 May 2024 17:33

FTSE 100 ends lower on disappointing corporate updates, BT Group soars

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*

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BT sees profits drop 31%, predicts little growth this year

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UK earnings, trading statements calendar - next 7 days

Friday 10 May 
CRH PLCQ1 Results
International Consolidated Airlines Group SAQ1 Results
Rightmove PLCTrading Statement
TBC Bank Group PLCQ1 Results
Monday 13 May 
Burford Capital LtdQ1 Results
Caledonia Mining Corp PLCQ1 Results
Cerillion PLCHalf Year Results
Diploma PLCHalf Year Results
HgCapital Trust PLCQ1 Results
Huddled Group PLCFull Year Results
Team Internet Group PLCQ1 Results
Victrex PLCHalf Year Results
Tuesday 14 May 
Angling Direct PLCFull Year Results
Currys PLCTrading Statement
DCC PLCFull Year Results
Flutter Entertainment PLCQ1 Results
Greggs PLCTrading Statement
Marston's PLCHalf Year Results
On The Beach Group PLCHalf Year Results
Renew Holdings PLCHalf Year Results
Treatt PLCHalf Year Results
Virgin Money UK PLCTrading Statement
Vodafone Group PLCFull Year Results
Wednesday 15 May 
Britvic PLCHalf Year Results
Burberry Group PLCFull Year Results
Compass Group PLCHalf Year Results
Creo Medical Group PLCFull Year Results
Experian PLCFull Year Results
Imperial Brands PLCHalf Year Results
Keller Group PLCFull Year Results
Lords Group Trading PLCFull Year Results
Marshalls PLCTrading Statement
Spirax-Sarco Engineering PLCTrading Statement
Titon Holdings PLCHalf Year Results
TP ICAP Group PLCTrading Statement
Tui AGHalf Year Results
Vertu Motors PLCFull Year Results
Thursday 16 May 
Auction Technology Group PLCHalf Year Results
Bank of Cyprus Holdings PLCQ1 Results
BT Group PLCFull Year Results
Convatec Group PLCTrading Statement
easyJet PLCHalf Year Results
Future PLCHalf Year Results
Grainger PLCHalf Year Results
Helios Towers PLCQ1 Results
Nexus Infrastructure PLCHalf Year Results
Premier Foods PLCFull Year Results
Restore PLCTrading Statement
Sage Group PLCHalf Year Results
Tritax EuroBox PLCHalf Year Results
Tullow Oil PLCTrading Statement
Tyman PLCTrading Statement
United Utilities Group PLCFull Year Results
Vanquis Banking Group PLCTrading Statement
Vistry Group PLCTrading Statement
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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