Huawei founder Ren Zhengfei hopes for improved US-China relations

Huawei founder Ren Zhengfei hopes US-China relations will improve under the Biden administration over the long-term.

“I hope the new US administration will come up with more open policies that are in the interests of US companies and the US economy as a whole,” Zhengfei said during a recent ceremony.

“Trade benefits both sides. Allowing US companies to supply goods to Chinese customers is conducive to their own financial performance. If Huawei's production capacity...