China May Retaliate if US Increases Huawei Restrictions, Huawei Chairman Says

Huawei’s chairman said the U.S. may face retaliation from China if it follows through on plans to increase restrictions on foreign exports to the Chinese tech giant (see 2003260036), according to a March 31 report in The Wall Street Journal. Chairman Eric Xu, speaking during a March 31 press conference, said China may respond with restrictions on U.S. companies operating in China. “I think the Chinese government will not just stand by, watching Huawei be slaughtered,” Xu said, according to the report. “I believe the Chinese government may also take some countermeasures.” A Huawei spokesperson confirmed the comments.