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China Warns Swedish Companies Could Suffer From Huawei Ban

  • Sweden is home to Ericsson, one of Huawei’s largest rivals
  • China was Sweden’s eighth-largest export market in 2019
PORTUGAL-ECONOMY-TECHNOLOGY-WEB SUMMIT

Photographer: Patricia De Melo Moreira/AFP via Getty Images

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The Chinese foreign ministry warned Sweden that it should revoke its ban on Huawei Technologies Co. to avoid hurting prospects for Swedish companies.

The announcement comes a day after Swedish authorities blocked operators from using Chinese vendors Huawei and ZTE Corp. as part of the country’s 5G roll-out. The decision was the latest in a series of restrictions by governments around the world on the Chinese companies, after continued pressure from the U.S. to avoid potential security risks in 5G networks. China was Sweden’s eighth-largest export market in 2019, according to Sweden’s official statistics agency.