“We’re the only network in the world that doesn’t have a single Chinese component,” India’s richest man Mukesh Ambani told Trump recently knowing that while Trump is doing his best to cripple Huawei, US allies like the UK are determined to use Huawei components in non-sensitive areas because they are cheap, reliable and cutting-edge.
Mukesh Ambani was talking about his Jio mobile network. He’s been rewarded what with Facebook and three other major US investors buying stakes in Hio.
Nehru must be spinning in his coffin. He was determined to build a socialist paradise, not an India that US investors want to invest in. He was a dreamy socialist from a rich family, not the son of a tea seller.
Meanwhile, Huawei said yesterday that the latest US export rules to limit its access to key technology are “arbitrary and pernicious”, warning investors the restrictions would “inevitably” hurt its business, and could damage the global technology industry.