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Chinese technology firm Huawei will manufacture 5G products worth billions of euros annually in the

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That's smart move by EU and on account of US loss and that's called proper jobs creation and win win for both.
 
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EU will gain hundreds of millions euros from corporate and personal income tax from Huawei, Huawei employees, and the local suppliers and distributors (and their employees), as well as other revenues.
 
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