China ECONOMY Huawei seeks to hold talks with Biden administration over its TRADE BAN

Описание: Huawei is apparently hoping to hold talks with the Biden administration to address its current trade ban. The company wishes to talk “separately” from Beijing in an effort to resolve the US export ban that it is currently facing. According to a NikkeiAsia report, the reason for the talks would also discuss the detention of the Chinese tech giant’s CFO Meng Wanzhou. As per Tim Danks, vice president of risk management and partner relations at Huawei Technologies USA, “We want to have a discussion [with the U.S. administration] separately from the Chinese government. We don’t want to be lumped into that discussion.” At the moment, the company has yet to speak with the new Biden administration but hopes to hold discussions soon. For those unaware, the Trump administration had placed the Chinese brand into an export blacklist called Entity List over security risk allegations.

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