u s of a sold scrap metal to japan, are we going to sell a super computer to china

Schadenfreude

Schadenfreude

patriot and widower
are we going to shoot ourselves in the foot for profit


China appeals to US for fairness in security probe​

Associated Press/AP Online


By JOE McDONALD BEIJING - China appealed Thursday to Washington for fairness as American officials decide whether to block Chinese telecom giant Huawei's purchase of a U.S. computer company on security grounds.

Beijing hopes for a transparent review of Huawei's purchase of 3Leaf Systems, a Commerce Ministry spokesman said. Huawei says it was told by a U.S. security review panel that it must sell 3Leaf, which it bought last May, or the committee will recommend that President Barack Obama cancel the deal.

"We hope the U.S. security examination laws and regulations can treat a Chinese company fairly, regardless of whether it is publicly traded, state-owned or private, and can carry out a transparent, predictable review," said ministry spokesman Yao Jian.

Companies that receive such a verdict from the Committee on Foreign Investment in the United States often withdraw proposed deals. But Huawei has said it will stick to its plans and recommend that Obama approve the deal anyway.

Huawei says it failed to apply for U.S. government approval because it bought 3Leaf's technology and hired some employees but did not purchase the whole company. The Pentagon took the unusual step of demanding that Huawei retroactively apply for a CFIUS review of the $2 million acquisition.

A group of U.S. lawmakers appealed to Treasury Secretary Timothy Geithner and Commerce Secretary Gary Locke in a letter last week to examine the 3Leaf deal closely. The California company makes products for "cloud computing," and the lawmakers said the Huawei deal could transfer sensitive technology to China.

Huawei Technologies Ltd. is one of the biggest makers of network switching gear and reported sales of $28 billion last year. It has struggled to gain a foothold in the United States against rivals such as Cisco Systems Inc.

Huawei was founded by a former Chinese military officer but says it is owned by its employees and has denied that it has any connection to the People's Liberation Army.
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Online:
Huawei Technologies Ltd.: http://www.huawei.com
Chinese Ministry of Commerce: http://www.mofcom.gov.cn
A service of YellowBrix, Inc. .
 
poor people are afraid of thier own shadow's besides being racist mutha fuckers. We are selling the stock Market to Germany. Oh wait Germans are white, never mind.
 
Topspin said:
poor people are afraid of thier own shadow's besides being racist mutha fuckers. We are selling the stock Market to Germany. Oh wait Germans are white, never mind.
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There are legitimate concerns, Huawei have a long history of IP theft. I said something to you the other day about how they are producing clones of Cisco routers. It would also be a worry if their routers became ubiquitous, who knows what backdoor access might be built into them?
 
I'm not saying there aren't specific issues in global trade, I'm mocking the anti-globalization tards in general. I don't consider you one of them.
 
Some day china will develop there own technology and not just steal others ideas then make it cheaper.
 
Having a billion people with the oportuninty to be middle class is going to be an enourmous boom to the US economy.
It's hard for sky is falling poor people to grasp.
 
not at all I'm sticking with it. It's Obvious that people shit thier pants with China (ie China buying Unocal) vs a white Country like Germany buying the stock market.
 
SmarterThanYou said:
could care less either way. i'm simply pointing out how you're too quick with the race card. you'd fit in real nice with our dallas city commissioner.

Black city commissioner tells all white people 'go to hell'
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Wow, I remember when the Fugees made statements against white people, and where are they now...not a prudent thing to do, I guess they didn't realize white kids were buying their music, too, even though later, it was acknowledged that Hill didn't make the statement, the damage was done...

Why can't we all just get along?
 
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