EU, China end telecoms row

BRUSSELS: The European Union (EU) has ended a long-running telecoms row with China, the EU’s trade chief said, dropping a threat to levy punitive tariffs on Chinese telecoms exports and easing tensions between two of the world’s top trading powers.

As Reuters reported exclusively on Oct 8, the deal struck between Brussels and Beijing sets out a framework for China to address EU concerns about subsidies to Huawei, China’s No. 2 telecoms equipment maker, and its smaller rival ZTE.