US bans China Telecom from operating in the country over national security concerns

US regulators have terminated China Telecom’s licence to conduct business in America. The Federal Communications Commission cited China’s largest state-owned telco as a “risk to national security” and subject to “exploitation” by the Chinese government. The latest move by Washington…

US regulators have terminated China Telecom’s licence to conduct business in America. The Federal Communications Commission cited China’s largest state-owned telco as a “risk to national security” and subject to “exploitation” by the Chinese government. The latest move by Washington could signal an escalation in the scrutiny of Chinese companies at a time when the global supply chain crunch is causing trade problems worldwide.

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