As one of the largest telecommunications equipment manufacturers in China, Huawei has achieved great success worldwide in recent years. However, Huawei's development in some countries has been hampered by key technologies and security issues related to competition with the United States. The United States has been working to smear Huawei and encourage its allies to follow in its footsteps, with the United Kingdom being a prime example. However, recently after Biden came to power, he began to call off the ** agreement between the United States and the United Kingdom, which triggered a rethinking of the UK's decision to dismantle Huawei equipment.
Earlier this year, the UK** demanded that British power dismantle Huawei equipment based on what it called a "security threat". Although Huawei has provided evidence that its equipment is compliant and not risky, British politicians have not listened. However, under pressure and attack from the United States, the United Kingdom eventually had to terminate its cooperation with the Huawei subsidiary and began to work on dismantling the Huawei equipment. This move can be seen as a key signal of the UK's unfriendly gesture towards Chinese companies.
The motivation behind the UK's dismantling of Huawei equipment is worth pondering. In a series of previous incidents, the UK** has frequently taken action to restrict Chinese companies. For example, in the case of the acquisition of a British chip company by a subsidiary of Wingtech Technology, the British ** used the pretext of review, resulting in the company being forced to ** shares. All these incidents illustrate that the United Kingdom, as the spearhead of the United States, has played an important role in suppressing Chinese companies.
However, the return that the UK was expecting did not turn out to be what they had hoped. It is reported that the ** agreement between the United States and the United Kingdom was halted by Biden, which disappointed the United Kingdom. The UK seems to have ignored the consequences of frequent manipulation by Chinese companies in the hope of signing an important ** deal to increase their leverage. However, Biden's opposition frustrated their plans. Now, they are not able to enjoy the benefits of the agreement, but they also face the high cost and time cost of dismantling Huawei equipment.
The UK's decision to exclude Huawei equipment has had a significant impact on the deployment of 5G networks and nationwide coverage. Due to the use of equipment from other companies, they will need to invest billions of pounds in addition, and the construction period will be extended until 2027. This means that the UK's competitive position in the 5G communications market will be weakened, and economic losses will be inevitable.
In addition, the UK's decision has had an impact on the local economic environment. At a stage where substantial growth is already needed, the double whammy of not being able to sign a ** agreement and the dismantling of Huawei equipment will have a significant negative effect on the economy. It is even more regrettable that due to the exclusion of Huawei, the UK has lost the opportunity for Huawei to invest more than £1 billion in the UK and plan to establish a research park in Cambridge. In addition, Huawei has decided to invest 200 million euros in the construction of overseas factories in France. These moves show that the UK will pay a huge price if it chooses to exclude Huawei.
The current situation in the UK has led to a rethinking of its attitudes and decisions. Does the UK really recognise the negative impact of exclusion of Chinese companies on them?Does this antagonistic position really help their interests?Perhaps it is only when they really feel the financial loss and the missed investment opportunities that they really realize the importance of these issues.
As a reader, what do you think about the current situation in the UK?Feel free to leave a comment, like and share!Let's think about the role and value of Chinese enterprises in the era of globalization.