China telecom dumps fed market

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Huawei, a China-based telecom company, says it is no longer interested in the U.S. market in the face of new restrictions on what the federal government can buy from China.

New restrictions on what the federal government can buy from China have led one company to leave the U.S. market, FCW is reporting.

Huawei, a China-based telecom company, is no longer interested in the United States, one of their executives told the China Morning Post. Instead they will look to Europe to expand.

The continuing resolution that funded the government through the end of the year put restrictions on NASA, the National Science Foundation and the Justice and Commerce departments. The agencies cannot by IT products with supply-chain connections to state-owned or state-support entities in China.

 

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