You're always a day Huawei: UK to decide whether to ban Chinese firm's kit from 5G networks tomorrow Huawei or another way? The British government is expected to decide tomorrow whether to include the Chinese tech giant's kit in the core of the UK's 5G networks at a meeting with the National Security Council. It is widely believed that prime minister Boris Johnson will continue to allow Huawei's equipment to be used on non- …
This is nothing to do with security and everything to do with propping up failing American companies like Cisco who've taken their eye off the ball.
A band on Huawei 5G equipment would help Ericsson, Nokia, and Samsung (none of which are domestic US companies last I checked), not Cisco.
Cisco just isn't one of the big competitors in the 5G space. Cisco and Huawei are competitors in core routing/switching equipment, and banning Huawei's 5G equipment won't really help them, there.
I don't know about Samsung, but in reality Ericsson and Nokia are partially, if not largely, North American companies. Don't be fooled, all the security stories are bogus, in that everybody building such equipment (a) commits security blunders due to sheer complexity and (b) includes wire-tapping backdoors where possible, because their customers all require it. Huawei is the victim here, not the criminal.
Cisco is certainly very worried about Huawei becoming cheaper/better in core routers and switches too, but apparently they haven't successfully lobbied the black helicopter people in Washington DC and northern Virginia about this.
If Huawei is allowed into western teleco networks, the governments will have to cover the purchase of this equipment by issuing treasury notes. If China does not spend those notes, which they do less and less often and instead stockpile them, they gain more control of them. At some point, if China decides it needs to buy things from the world, they will use them as currency. When they do this, if they need to make a massive purchase (think $100 billion) whichever government they are purchasing from may decide the risk of holding that much currency in treasury notes would be difficult to manage. So China will sell treasury notes to multiple other countries and banks who will negotiate favorable terms of exchange for themselves. This will result in flooding the market and therefore devaluing the power of said notes. This is a major security (not as in guns and bombs, but as it in financial security) risk for any country who holds U.S. treasury notes. Weaker economies can actually collapse because of this. Stronger economies can lose their purchasing power in China.
Huawei is already in Western telco networks - 3 of the 4 UK MNOs already use tons of the stuff.
And I'm failing to follow your argument of why the government would have to buy Huawei kit for the MNOs if Huawei kit was not banned. I mean, what on earth would lead you to that conclusion?
Uhhuh - The Fed and the ECB can print multiples of 100's of billions and buy all of those treasuries in one mornings trading session, China dumping Everything wouldn't even cause a blip on the exchange.
No, The whole thing is about Donald Trump draining the swamp only to be refilling it with raw sewage. Then letting new-and-improved swamp-creatures made from pure garbage, like Pompeo, run around and stink up the world at large!
Listen to the guy: "To preserve it's sovereignty Britain had better do Exactly what the Fuck I say!
“ If Huawei is allowed into western teleco networks, the governments will have to cover the purchase of this equipment by issuing treasury notes.”
Wtf are you smoking? The gear will be purchased by EE, O2, Voda etc using their own cash, not the UK government bonds. They are private companies, and the money Huawei receives is kept by Huawei, which is owned by its (Chinese) employees, not the state. Ffs stop reading Breitbart propaganda and get some kind of clue as to how business works.
The .gov.uk decision will indicate how tight the leash is.
If an outright ban then we can infer that UK foreign policy is dictated from across the water.
This fairly mundane tech story is getting a *lot* of coverage: https://duckduckgo.com/?q=huawei&iar=news&ia=news
“The PM's comments came after Robert Buckland, the Justice Secretary, said the UK will 'take into account the views of other sovereign states' but ultimately the 'decision we make will be based upon our own sovereign right to choose'.” –– possibly directed at the likes of Pompeo? We'll see, won't we? https://www.dailymail.co.uk/news/article-7933473/Justice-Secretary-Robert-Buckland-warns-against-trying-bully-Britain-Huawei.html
Your own President tweeted some time ago that the Huawei issue is a commercial one not a security one. The British security services have, after long analysis, determined that there is no security problem.
Do you understand why both your own President and the British security services disagree with you?
Do you understand why your president now also appears to disagree with himself? (We do, and greed features highly).
This is the thing I don't get. There's all this fuss about 5G, but as far as I know, even if Huwawei was to be blocked from 5G, nobody seems to be expecting EE, Vodafone, etc to rip out all the existing 3G/4G kit.
There's nothing special about 5G that makes it more back-door-able than lesser-G kit
Politics really is populated by a bunch of cockwombles with no clue at all.
Maybe somebody can explain this mystery, but why exactly are we even considering what amounts to sanctions against a country (yes, this is really about the Chinese government, not a company) that we've never been at war with, which we freely accept £45 billion worth of imports from every year, and which stands to gain nothing from damaging our diplomatic and economic relations, by means of spying, nuking, or any other hostile act?
Now repeat the above paragraph, but substitute £45 billion with $558 billion, then ask the same question of the megalomaniacal Trump regime.
You title explains a good deal.
The Chinese do not subscribe to an Abrahamic religion, in fact they are officially atheist.
They are also threatening to divert a greal of much needed wealth from the top 0.1% in the West, add to that the fact that they embrace socialism, free education and healthcare and you have the devil incarnate.
Well I was being a tad disingenuous, but my question was not entirely rhetorical.
Regardless of cultural differences, and the Yanks' long-standing hysterical paranoia over, well, frankly anything not American, you'd think they'd at least have the acumen to suck it up and just get on with it out of economic necessity. Moreover, the fact that the Chinese are such significant trading partners, which the Yanks benefit from significantly, makes the Yanks' hostility seem not only irrational but utterly hypocritical.
In other words, if the Yanks hate the Chinese so much, stop trading with them, put up or shut up, and quit whining.
Of course, we all know why they will never do that.
Hypocritical bastards.
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Evaded taxes? Citation needed.
If you mean, they paid little or no corporation tax for several years, that's because they were offsetting previous huge losses - which is standard practice. The losses came from paying government for that 3G spectrum licence.
Their crime was being UK-registered, so that their 3G losses and subsequent tax offsets were more visible here than other telcos (it was only much later that BT bought EE, bringing us back a second UK-registered mobile telco).
Presented for your entertainment, Vodafone And Juliet: A Travesty in Three Acts.
https://www.theguardian.com/politics/2011/dec/20/inland-revenue-sweetheart-tax-deals
http://www.taxresearch.org.uk/Blog/2013/06/07/could-vodafones-non-payment-of-tax-be-down-to-hmrcs-sweetheart-deal/
https://www.independent.co.uk/news/uk/politics/sweetheart-deal-taxman-dave-hartnett-joins-accountancy-firm-deloitte-8633686.html
Dave Hartnett's sweetheart deal with Vodafone is well known, coming as it did just as austerity cuts to the approximate value of said deal were being made to local council services across the UK.
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