Huawei, the Chinese telecom equipment maker, has aborted its challenge to the US government over a deal Washington had refused to give national security clearance.
The move is the latest twist in the increasingly dramatic conflict between Chinese companies’ global expansion and some governments’ suspicions that allowing them in could make countries vulnerable to hostile action from an ever more powerful China.
“This was a difficult decision, however we have decided to accept the recommendation of [the Committee on Foreign Investment ] to withdraw our application to acquire specific assets of 3Leaf,” the company said Saturday morning.
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