China's tech plans at risk amid growing overseas scrutiny

Recent reports indicate Australia is expected to block Huawei from participating in the roll-out of its 5G mobile network over security concerns, as the network is expected to form the backbone of the country's high-tech industries in the future.
Recent reports indicate Australia is expected to block Huawei from participating in the roll-out of its 5G mobile network over security concerns, as the network is expected to form the backbone of the country's high-tech industries in the future.PHOTO: EPA-EFE

Experts say protectionism, trade tensions will hurt Chinese plans to climb global value chain

Chinese companies operating overseas will face increasing difficulties amid rising protectionism and trade tensions, and these headwinds will frustrate China's plans to develop key technologies and move up the global value chain, say analysts.

Deals and investments by Chinese companies are coming under increasing scrutiny over fears that they are a tool for China to gain access to key technologies.

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A version of this article appeared in the print edition of The Sunday Times on June 24, 2018, with the headline 'China's tech plans at risk amid growing overseas scrutiny'. Print Edition | Subscribe