China's undersea cable drive defies U.S. sanctions
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Chinese undersea cable maker Wuhan FiberHome International Technologies continues to thrive despite being blacklisted by the U.S. government in 2020; The U.S. trade 'entity list' ban prevents the company from purchasing U.S. technology; Wuhan FiberHome executive Wu states that the blacklisting has not affected their business; China is pursuing a self-sufficient global network through its undersea cable drive; The U.S. sanctions are part of a broader crackdown on China's tech sector; The article was published on June 26, 2024.
#China #UnderseaCable #UsSanctions #WuhanFiberhomeInternationalTechnologies #TechSector
https://asia.nikkei.com/Spotlight/The-Big-Story/China-s-undersea-cable-drive-defies-U.S.-sanctions