China, Mergers + Acquisitions, Technology, and Media + Entertainment
In The News
In the Financial Times article “ZTE reprieve paves way for next round of US-China trade talks,” (subscription required) Morrison & Foerster partner Chuan Sun discussed the emergence of ZTE as a bargaining chip in the trade tensions between the United States and China.
“I cannot imagine, say, AT&T would be willing to go into Ethiopia or Somalia to invest heavily to build up [infrastructure] and recoup costs 25 years later. Shareholders are not going to be happy about that,” he said.
Besides, he added, even if they could buy routers and other equipment from European or Japanese manufacturers they would lack the teams of qualified technicians and engineers on the ground for maintenance and fixing any problems.
©1996-2019 Morrison & Foerster LLP. All rights reserved.