A Chinese Commerce Ministry spokesman warns a House committee report urging U.S. companies not...
Tuesday, October 9, 2012, 6:52 PM ETA Chinese Commerce Ministry spokesman warns a House committee report urging U.S. companies not to use Huawei and ZTE's gear will "undermine cooperation and development" between the U.S. and China. Arik Hesseldahl notes Cisco (CSCO), which derives 16% of its sales from the Asia-Pac region and just ended its partnership with ZTE, has plenty to lose if a "telecom trade war" breaks out. An EU anti-dumping case against Huawei and ZTE has been delayed.
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