The United States black lists Huawei.

Huawei Technologies is black listed by the US government yesterday. According to this, Huawei cannot buy parts and components from the US companies. In a statement, the US government has stated that, Huawei engaged in activities that are contrary to US national security and foreign policy interests. What the US government has stated, is only a lame excuse. The real reason is that, the US government wants to cripple the growth of Huawei. Till 10 years back, the US and European multinational companies were dominating the telecom equipments manufacturing. But, the Huawei has shattered them and has emerged as the world’s largest manufacturer of telecom equipments now. The US does not want a company of a 3^rd world country to become this much dominant in the area of modern technology. At present, Huawei is leading the world, in the 5G technology. The US tried it’s best to stop it’s European allies, from purchasing 5G network equipments from Huawei. But, it was not accepted by the European countries. Out of frustration, the US government has now black listed Huawei. The US imperialism wants to remain as the sole proprietor of modern technologies, so that it’s multinational companies can loot the wealth of the 3^rd world countries. However, it is upset that Huawei, a company of a 3^rd world country, has defeated it, in the race for hi-technology. The black listing of Huawei has come out the frustration of the US imperialism.