China's Ministry of Commerce has strongly criticized the United States for its recent decision to revoke export licenses to Huawei, labeling the move as \"economic coercion.\" This action, which reportedly affects major US companies such as Intel and Qualcomm, could have significant implications for Huawei's operations and its partnerships with US suppliers. 📉💼
The US Commerce Department has declined to specify which licenses were revoked, adding an air of uncertainty to the situation. Huawei, which still relies on Intel chips for its laptops, may face operational challenges as a result. Moreover, US suppliers doing business with Huawei could also be impacted. 🖥️🔌
China’s Ministry argued that the US's practices not only \"violate WTO rules\" but also \"seriously damage the interests of US companies.\" In response, China vowed to take all necessary measures to protect the legitimate rights and interests of Chinese companies. 📜🤝
Huawei has chosen to remain silent on the matter, as the company navigates its way through these escalating trade tensions. Notably, despite the US export restrictions, Huawei recently launched the Mate 60 smartphone with sophisticated chips, showcasing the company's resilience and innovation in the face of adversity. 📱✨
