ZTE Decries U.S. Gov Interference
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Comments 40
Feb 10, 2011, 12:07 PM by Eric M. Zeman
ZTE's Chief Financial Officer, Wei Zaisheng, came close to calling the U.S. government's business practices unfair in a recent interview. Last year, ZTE was bidding for a contract to supply networking equipment to Sprint Nextel. Fellow Chinese competitor Huawei was also taking part in that bid. Close to the vote, U.S. lawmakers sent a letter to the Federal Communications Commission voicing concerns about ZTE's and Huawei's ties to the Chinese government. They contended that state-backed businesses should not have access to vital U.S. assets, such as its communications systems. "We are concerned that Huawei's [and ZTE's] position as a supplier of Sprint Nextel could create substantial risk for U.S. companies and possibly undermine U.S. national security," they stated. In an interview with the Wall Street Journal, Mr. Wei said, "For Sprint last year, we should have had the qualifications to become their key partner. The government should promote a fair, equitable, normal and free commercial environment, and it shouldn't interfere." ZTE has aggressive plans for growth worldwide, including the U.S. market.
I've been screaming about--
--Huawei for at least 2 yrs. They've been scoring contracts in Europe like crazy because they do things cheaply. Let Europe's systems be compromised by a Chinese-backed telecom company, not ours.
So you're saying europes systems have been compromised by the evil chinese?! wow, i haven't heard about that. i must be so super ignorant. thank god you're hear to speak the truth.
Somewhere in western China in a dark room there are teams of translators who now know what time Lars and Agatha are meeting for coffee tomorrow.
US attitudes are a joke. Everyone complains about cheap Chinese products yet loads up the cart with the...
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Hypocrites
So the US wants Chinese to open their markets, while they won't do the same? Looks like US policy is exactly like the Chinese policy they complain so much about. What a joke.
Politicians speaking out of both ends? Business as usual.
So the US is asking china to open their country to business while not opening US companies up to chinese competition?
Can't blame them
China is near being the new superpower of the world. There is a fear growing in the minds of some Americans of this reality that is causing the Chinese to be as feared as the Muslims are now. Only, rather than being feared of being terrorized and killed, they are fearful of losing their jobs, etc. I don't understand why China can't have a say in the market, yet are able to sell phones? What about other foreign companies like Sony, Nissan, Toyota, Mitsubishi, BMW, Sony Ericsson, Mercedes, Volkswagon, T-Mobile, Verizon Wireless...they all have international ties, and many don't share the same government policies as we do. Other than some fear of being number 2, what is wrong with the situtation?
i guess you have a point, but china already owns BILLIONS of dollars in U.S. government bonds. basically, they've already invested billions of dollars into our country. you know that huge national debt we have? yeah, a lot of that is owed to china. wa...
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Like all that foreign oil we are importing...from Canada.
wait....
so china is telling us that we need to have a more open market and that our government shouldn't interfere.... bahahahaha!
A little ironic isn't it? Lol. Looks like we hurt someone's feelings.
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