China says that hopes UK can make Huawei decision independently
Huawei issue shows that US-China tensions are still ever present
- US moving to further block sales of foreign-made goods to China's Huawei
- UK PM spokesman says government will make decision on Huawei in due course
- US warns UK on giving Huawei access to 5G networks - report
Despite the fact that we will see the US and China put pen to paper on a Phase One trade deal, any further political appeasement remains a long road away given many other issues that both sides cannot see eye to eye on - and Huawei is one of them.
The latest move by the US to block sales of non-technical goods to Huawei exemplifies said sentiment and this is an issue that markets will watch closely in the coming months.