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 telecom giant (see 2002190002). Chairman Eric Xu said at a Tuesday news conference China may respond with restrictions on U.S. companies operating there. “I think the Chinese government will not just stand by, watching Huawei be slaughtered,” Xu said. “I believe the Chinese government may also take some countermeasures.”