The Four Percent
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LONDON—The British government said it would bar telecom companies from purchasing new equipment made by China’s Huawei Technologies Co. for their 5G networks in a further sign of the deteriorating relations between Beijing and the West.
The sharp about-face by the U.K.—only six months ago it said it could manage the risks of Huawei’s presence in 5G—was a direct consequence of new U.S. sanctions on Huawei, the government said. It marks a significant victory for the U.S. policy and is likely to increase pressure on other countries…
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