Huawei’s rise to become a technology superpower was abruptly stopped. Of course, the Chinese government doesn’t like that at all. The rulers in Beijing wanted revenge, but the EU did not play along.

Huawei

Despite all the differences, the EU and China are dependent on each other. Both economic blocs benefit from trade with one another, which is being placed on a new legal basis with the new investment agreement between the European Union and the People’s Republic. This is exactly where China apparently wanted to build a back door to take revenge for the sanctions against Huawei.

China wanted to take revenge for Huawei

In the investment agreement, it is agreed that the People’s Republic will at least partially open its lucrative telecommunications sector to foreign companies. However, China wanted to deny this opening to countries that “block or arbitrarily discriminate against Chinese telecommunications companies in law or in politics” Hot citing a draft of the text that was before the DPA. That would have hit Sweden, for example, who banned Huawei from the 5G network.

The passage dating from a draft text dated December 11th was deleted again in the final agreement. The negotiators rejected the relevant clause.

You can still access these Huawei smartphones without hesitation:

Huawei crash could be imminent

The far-reaching sanctions are causing more and more problems for Huawei. According to the market researchers from TrendForce, the cell phone manufacturer could lose significantly more ground this year and sell only 45 million devices – in 2020 it was 170 million. Above all, the waiver of the Google apps and services makes Huawei to create, even if the group is working flat out on its alternative HarmonyOS. Recently, Huawei even indicated that it would also make the in-house development available to other Chinese manufacturers so that they can completely free themselves from Google.