Last month, the U.S. Agency for International Development (USAID) announced a plan to offer loans and financing to help countries make their telecom purchases from vendors based in democratic nations. The goal, according to USAID, is to help countries reduce their dependence on Chinese telecom giant Huawei and other Chinese suppliers.
Early analysis suggests the incoming Biden administration may continue to see Huawei’s growing dominance as a security threat. While offering U.S.-backed loans to compete with Huawei marks a significant change in how Washington aims to push against Huawei’s success, there’s more to the company’s global reach than Chinese state-backed export loans. Beijing’s domestic support and influence in international organizations also help Huawei gain a competitive advantage.
The above excerpt was originally published in The Washington Post.
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