Chinese telecoms vendors ZTE and Huawei could be investigated by the European Commission following allegations that they both received subsidies from the Chinese government, according to Cellular News.
If it is proven that the companies got funding, the…
Chinese telecoms vendors ZTE and Huawei could be investigated by the European Commission following allegations that they both received subsidies from the Chinese government, according to Cellular News.
If it is proven that the companies got funding, the European Union could apply import tariffs to their products to offset the advantage the vendors are benefiting from.
A Belgian modem-maker was cited as saying in a complaint that by providing subsidies to ZTE and Huawei, the Chinese government is looking to turn those vendors into top players in the global telecom market.
