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EU investigation could affect business from China's 4G deployment |
May 21, 2013
The European Union may be trying to protect its telecom equipment industry with its recent threat to investigate China over networking equipment imports. But the move could end up hurting the chances of Western vendors intent on supplying technology to China's upcoming 4G services launch, according to analysts.Last week, the EU set off fears of a trade war with China after it said it could resort to probing the nation's sales of mobile networking gear for anti-competitive practices. In response, China has warned the EU against taking "protectionist" measures that would damage economic relations between the two governments."If the EU insists on starting the investigation, China will follow WTO [World Trade Organization] rules and Chinese law to take resolute measures to protect its rights and interests," said China's Ministry of Commerce spokesman Shen Danyang last Thursday. "The EU, which started the friction, will have to take full responsibility for the resulting consequences."The EU has yet to launch its investigation, and wants to first negotiate with China over a possible resolution. But the trade tensions risk affecting the tendering process to build China's 4G networks, said Matt Walker, an analyst with research firm Ovum.To read this article in full or to leave a comment, please click here
Link: http://www.pcworld.com/article/2039346/eu-investigation-could-affect-business-from-chinas-4g-deployment.html#tk.rss_all
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