Senate Bill would bar China’s Huawei from US finance system

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Senate Bill would bar China’s Huawei from US finance system
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The legislation comes amid broad support in Washington for finding ways to curb China’s influence. Read more at straitstimes.com.

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WASHINGTON – US lawmakers have introduced legislation that could cut Huawei Technologies Co and other foreign firms from the world’s largest financial system, in the latest attempt to curb China’s technological ambitions.

“We cannot allow Huawei and the Chinese Communist Party to have access to Americans’ personal data and our country’s most sensitive defence systems,” said Senator Tom Cotton, an Arkansas Republican who also backed the Bill. “We must address the dire threat these Chinese companies pose to our national security.”

Beijing opposed Washington’s distortion of the concept of national security, Chinese Foreign Ministry spokesman Wang Wenbin said on Wednesday at a regular press briefing in response to a question about the Bill.

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