Huawei founder says hopes Biden administration will have 'open policy'


Ren Zhengfei, Founder and Chief Executive Officer of Huawei Technologies speaks during a session at the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 21, 2020. REUTERS/Denis Balibouse

TAIYUAN, China (Reuters) - Huawei Technologies' founder Ren Zhengfei said on Tuesday it would be "extremely difficult" for the United States to end the sanctions that have crippled its phone business, but that he hoped the new U.S. administration would have an "open policy".

Ren, who was making his first media appearance since March last year, said he hoped U.S. President Joe Biden's administration would bear in mind U.S. business interests when forming its policy. He said it was "conducive" to the financial performance of U.S. companies to supply Chinese firms.

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