Huawei signs deal with Russian telecoms firm to develop 5G


Chinese leader, Xi Jinping, and Russian president, Vladimir Putin, signed the agreement in Moscow.

According to the official statement, the two companies will develop and launch a pilot of 5G networks in 2019-2020. Huawei has been under growing pressure since May, when the Trump administration banned us companies from selling high-tech equipment to firm over suspicions it was spying for the Chinese government.

China said Thursday that it would soon release detailed information about a planned blacklist of "unreliable" companies and individuals as Beijing hits back in a trade war with Washington. The move could jeopardize the company's future because of its heavy reliance on the USA market.

Shanghai has developed what it claims to be the first district boasting both 5G coverage and a broadband gigabit network, state-run China Daily reported.

"Huawei has vast experience in 5G technology development, as it leads the way to the 5G era". Some countries including Australia and New Zealand have blocked Huawei from supplying 5G equipment.

One of Russia's leading mobile firms and Huawei agreed to cooperate in the field of 5G tech amid an ongoing pressure campaign against the Chinese tech titan, unleashed by the US.

Google says cutting us off from Huawei is a security risk
The Trump administration banned Huawei from importing any US-made technology a few weeks ago, and the order is still in effect. Looking for some USA company to defend it against the Trump administration, Huawei has found an ally in Google.

Russian mobile operator MTS has signed an agreement with Huawei on the development of 5G technology in the country.

The US has encouraged allies to block Huawei - the world's largest maker of telecoms equipment - from their 5G networks, saying the Chinese government could use its products for surveillance.

With US President Donald Trump's tweet tirade that is ratcheting up the trade tensions showing no signs of simmering down, Huawei has been a key target for sanctions.

Huawei says it has been stockpiling parts and diversifying its supply chain, but analysts say a long-term U.S. export ban would really hurt the company.

Even as Huawei grew to become one of China's largest businesses, companies around the world have been cutting ties with Shenzhen-based Huawei in order to come into compliance with the USA ban.

Ties between China and the United States have deteriorated sharply after trade negotiations stalled last month without a deal to lift bruising tariffs on goods worth $360 billion in two-way trade.