EU cites Chinese telecoms Huawei and ZTE for trade violations

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Europe's top trade official for the first time late on Friday officially cited Chinese mobile telecommunications equipment makers Huawei and ZTE Corp for violating anti-dumping and anti-subsidy guidelines.

De Gucht's office on Wednesday said an investigation was prepared but put on hold. At the time no companies were officially named. The pause is to allow further negotiations with China in hopes for a resolution.

"We have already had three rounds of negotiations on that, but without any satisfactory outcome," he said.

"I think it is better for the whole world economy and trade that these two big trading partners come to an amicable solution on what is in fact a very strategic and crucial sector. But you need two to tango and we have the necessary resolve to go for it if necessary," he said.

China responded on Thursday, threatening the EU with retaliation.

Exclusive: EU cites Chinese telecoms Huawei and ZTE for trade violations | Reuters

Finally some balls shown in combating thieves and cheaters.....