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Reuters: US bans Chinese fiber installers from market

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I am Annabelle Sampson and I work for The News Dept as an author for their news department. My main focus is on economy news, but I also cover other topics such as business, finance, and current affairs. My writing has been featured in prominent publications such as The Wall Street Journal, Forbes Magazine, and the Financial Times. I have a passion for learning more about economic trends and understanding how they affect businesses of all sizes. To stay up to date with the latest developments in the field of economics, I make sure to keep track of reliable sources like Bloomberg News or Reuters. In addition to my writing work, I often provide consultation services related to economic matters for clients both large and small.

The United States contributed to the breakdown of the fiber optic cable laying agreement of the Chinese company “HMN Tech” due to the fear of espionage by the Chinese intelligence services. RBC writes about it, citing Reuters.

According to media reports, the US has discouraged other countries from laying cables on the seabed due to security risks and possible sanctions against HMN Tech. So, in February of this year, the American company SubCom LLC began work on laying a $ 600 million cable, through which it will be possible to transfer information from Asia to Europe.

Also, the Reuters article mentions US involvement in six more transactions of the Chinese company recently. The White House cited concern “China’s ability to spy on these communications wires” as a persistent reason for the intrusion.

“When we talk about technological rivalry between the US and China, when we talk about espionage and data collection, undersea cables are involved in all aspects of this growing geopolitical tension,” said a researcher with the Cyber ​​Statecraft Initiative. Justin Sherman.

Former Member of the US House of Representatives Doug Lambourne He noted that the United States lagged behind China in the field of hypersonic weapons.

Source: Riafan

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