Mr. Clinton was particularly excited about Beijing 's promise to open up its telecom market to foreigners, a key American demand in the WTO negotiations. "In the new century," the president enthused, "liberty will spread by cell phone and cable modem."
This wishful thinking, that China's transformed telecom-equipment company, Huawei, is the leading order. In the people's Republic's technology advance and rapidly expanding global sales also threatened America's tech supremacy and foreign influence. In a new account of the firm's rapid ascent to become "China's most powerful company."
Founded in the city of Shenzhen in 1987 by Ren Zhengfei, a former engineer with the People's Liberation Army, Huawei started out assembling analog telephone switches copied from another domestic manufacturer. As Ms. Dou relates. When the firm launched into Western executive said that "one appeared to have copied an AT&T router." The suit was dropped.
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