China denounces US ‘rumors’ and ‘lies’ about Huawei ties to Beijing

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China on Friday denounced U.S. Secretary of State Mike Pompeo for fabricating rumors after he said the chief executive of China’s Huawei Technologies was lying about his company’s ties to the Beijing government.

The U.S. placed Huawei on a trade blacklist last week, effectively banning U.S. firms from doing business with the world’s largest telecom network gear maker and escalating a trade battle between the world’s two biggest economies.

Huawei has repeatedly denied…



Source cnbc.com

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