Wednesday, October 21, 2020

US Bribes Brazil $ 1 Billion To Block Huawei!

 Washington has stepped up attacks on Huawei by offering funding to Brazil to block Chinese telcos from their 5G networks.

During a trip to Brazil on Tuesday, officials from the United States Export-Import Bank (EXIM) and the US government signed a memorandum of understanding to identify potential opportunities for funding of up to $ 1 billion including the energy and telecommunications sectors, particularly the 5G network.

As is well known, Washington states that Huawei is a threat to national security and is used as a surveillance medium by the Chinese Communist Party. The government claims that Huawei can collect citizen data in other countries and give it to Beijing. However, Huawei has repeatedly denied the claim.

However, the US has not given up and is trying to convince countries around the world, especially its allies, to block Huawei from 5G networks.

For everyone's knowledge, Brazil's sanctions against Huawei are said to be a big blow to the Chinese technology company because the country is their largest market.

In addition, Huawei is working to overcome the challenges posed by US sanctions, which threaten to block Chinese giant companies from key technologies and components such as semiconductors.