The Financial Times reports that the US is considering credit support for companies such as Nokia and Ericsson to enable them to match the financing terms that Huawei offers to its customers
- FT cite "two people with knowledge of the situation".
- move is part of a wider push to fund a rival to the Chinese company
Link (may be gated)
Check out the other headlines on China today:
- China's Hikvision not happy with US blacklisting announcement
- U.S. Commerce department to place China's Hikvision on blacklist
- More on the news that US Commerce Dept to add 28 Chinese firms to trade blacklist
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Thinking the trade talks gonna look something like this ….