Deals
Huawei, ZTE Strain to Convince U.S. They Don’t Aid Spying
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Executives of ZTE Corp. and Huawei Technologies Co., China’s two largest phone-equipment makers, tried to dispel allegations by U.S. lawmakers that their potential expansions may increase cyberattacks and spying.
Instead, in what was described as the first appearance by Chinese executives at a congressional hearing, they heard accusations they haven’t cooperated with an investigation or shown they’re independent from a government accused of stealing U.S. intellectual property.