Huawei’s Investments Are ‘Predatory Actions’ and All Countries Should Ban Them: Pompeo

Investments by China’s Huawei are not regular market transactions but rather “predatory actions” and all countries should ban them, U.S. Secretary of State Mike Pompeo said in a newspaper interview on Friday. From a report: “Their investments are not private because they are subsidised by the (Chinese) State. Hence they are not transparent, free, commercial transactions like many others but they are rather carried out to the exclusive benefit of (China’s) security apparatus,” Pompeo told Italian daily la Repubblica, at the end of his two-day visit to the country. “(Huawei’s investments) are predatory actions that no nation must or can allow,” he added.