Telecom Industry Keeps Eye on China

After a rebuff of China’s biggest telecommunications-equipment makers by U.S. lawmakers, industry players are watching the fast-growing Chinese technology market for what they see as Beijing’s possible response: retaliation against U.S. companies.So far, China has issued just vague warnings about the possibility of repercussions on economic relations after a U.S. congressional report this week criticized two Chinese telecom companies, Huawei Technologies Inc. and ZTE Corp. The report said Huawei and ZTE pose risks to U.S. national security, and warned U.S. companies against buying their products.To continue reading this Wall Street Journal report, go to:

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