US scare tactics will frighten off investors: Huawei CEO

Last Updated: Thu, Mar 14, 2019 12:09 hrs
Huawei Logo (AP photo)

Huawei founder Ren Zhengfei said on Wednesday that the US government's campaign to isolate Chinese tech companies risks damaging America's international reputation.

“If this US administration always treats other countries, companies or individuals in a ferocious way, then no one would dare invest in the United States,” he told CNN in an interview five days after Huawei filed a lawsuit against the US government. 

The matter pertains to the US government alleging that Huawei’s products could be used by Chinese intelligence agencies, and hence posed a risk to national security.

Last year, US President Donald Trump signed the National Defence Authorisation Act (NDAA), which prohibits federal agencies and its contractors from buying telecommunications and video surveillance equipment from Huawei, and other Chinese companies including ZTE.

Calling the prohibition ‘unconstitutional,’ Huawei on March 8 filed a lawsuit against the US government.

“His (Donald Trump) tactics are all wrong,” Zhengfei said in the interview to CNN. “If he intimidates a country today, threatens a company tomorrow or wantonly arrests someone, then no one would dare invest in the United States.”

"Trump should be more open-minded and willing to accept all types of investment. If he becomes more tolerant of the world, then all the US-bound investments would ensure another century of American prosperity," Zhengfai added.