Huawei Founder and CEO calls for the easing of US-China trade relations | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Huawei Founder and CEO calls for the easing of US-China trade relations | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Huawei founder and CEO Ren Zhengfei have spoken out about the benefits to be gained by deeper cooperation between US and Chinese companies in the technology field.

Talking with international media in a recent press conference, the executive advocated for the easing of US-China trade restrictions and more open US trade under the Biden administration.

“Trade benefits all sides. Allowing US companies to supply goods to Chinese customers is conducive to their own financial performance. If Huawei's production capacity is expanded, that would also mean US companies could sell more to Huawei.

It's a win-win situation,” noted Zhengfei. “We still hope to be able to buy a lot of US components, parts, and machinery, so that US companies can also develop with the Chinese economy.”

In recent years, the US has adopted stricter trade