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US is looking at ways to funnel money to Huawei’s European rivals Nokia & Ericsson, as officials realize there is no US alternative in 5G. Oracle & Cisco have refused to be national champions & EU slow to move into big nat sec-driven industrial policy.
"We gave up our superiority in making telecoms equipment decades ago, and now we are realising that this might not have been the best choice for national security reasons." You... don't say
Would be great to see the WTO compliance of this. Or our own subsidy discipline we are trying to develop in the Japan/EU/US trilateral. US pushes to fund western rivals to Huawei
I don't know, maybe the time to do this would have been 20 years ago?