UK says it can draw investment and defend values after Huawei row

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Britain can welcome foreign investment while also standing up for its values, business minister Alok Sharma said on Tuesday after China warned ...

LONDON: Britain can both remain a popular destination for foreign investment and stand up for its values, its business minister said on Tuesday after China warned that a dispute over tech firm Huawei could lead to many"consequences".

Britain is in the process of carving out a new foreign policy as it prepares to fully leave the European Union at the end of the year. Britain granted Huawei a limited role in its future 5G networks in January, but ministers have since said the introduction of US sanctions on the company means it may no longer be a reliable supplier.British officials say a review of the implications of the sanctions, which are aimed at cutting off Huawei's access to US chipmakers, was all but completed and ministers would make a decision soon.

 

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