China threatens economic pain for UK over Huawei crackdown

British plans to crack down on the use of Chi­nese telecom­mu­ni­ca­tions giant Huawei and oth­er “high-risk” equip­ment run the risk of eco­nom­ic retal­i­a­tion, accord­ing to senior Chi­nese officials.

“In light of this, sig­nif­i­cant con­cerns have been raised over the open­ness and fair­ness of the British mar­ket as well as the secu­ri­ty of for­eign invest­ment in the Unit­ed King­dom,” Chi­nese For­eign Min­istry spokesman Zhao Lijian said Wednesday.

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