Ren Zhengfei says the benefits from Trump's tax cuts could be offset by tactics that discourage foreign investment into the U.S.
Huawei's founder said he thinks Donald Trump is a"great president" but has"shortcomings" that could offset policies designed to help the U.S. economy.
"When he reduces taxes, he must be hoping to attract more investment," he added."But if investors are scared that they won't get their money back, they won't dare to invest in the U.S." Separately, Canada in December detained Ren's daughter, Huawei CFO Meng Wanzhou, at the request of the United States. The U.S. has charged Meng with fraud related to violations of U.S. sanctions against Iran. Meng and Huawei deny those charges.
"They don't need a warship to conquer the world. The cost of using a warship is high. If they attack a country, that country will fight back," he said."If a country is poor and they have nothing to lose, they aren't afraid of being attacked. But the U.S. is in a different situation. It's a wealthy country, so it has a lot to lose."The White House did not respond to a request for comment.
"When two nations or companies meet, they must collaborate to achieve shared success," Ren said."The U.S is a strong economy and offers many high-quality products. China has a population of 1.3 billion consumers. The U.S. needs the Chinese market, and China needs technology from the U.S. The collaboration between these two countries would create two trains that can tow the global economy out of trouble.
American security complaints have helped bring attention to Huawei — and Ren likened it to good advertising.
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