U.S. Sees More Support for ‘Clean Network’ Plan to Counter China
Bloomberg 10.30.2020 1 min read
Krach says 49 countries have joined the U.S.-led initiative
It’s ‘taken all the momentum away from Huawei,’ Krach says
The U.S. has brought 49 countries, representing two-thirds of global economic output, into its “Clean Network initiative aimed at limiting Chinese companies from access to sensitive sectors such as cloud computing and 5G mobile networks, a senior administration official said.
Restrictions on companies such as Huawei Technologies Co., which the U.S. says is beholden to China’s Communist Party and presents a national-security risk, have so limited Huawei’s access to crucial technology that the U.S. believes it could run out of chips for much of its hardware by sometime next year, Undersecretary for Economic Growth, Energy and the Environment Keith Krach said in an interview.