China May Not Strike Trade Deal Without Huawei in Equation: Jefferies

The transcript discusses the implications of China's positioning in trade talks, focusing on Huawei's role in the global telecom market and the potential impact of US export bans. It highlights Huawei's competitive edge in 5G technology, the US's national security concerns, and the challenges Huawei faces due to restrictions on Google Apps and US components. The discussion concludes with an analysis of China's R&D efforts to become more self-sufficient in technology.

What is one potential consequence of the US export ban on Huawei?

• Improved relations between the US and China

• Setback of China's 5G timetable

• Acceleration of China's 5G timetable

• Increased global market share for Huawei

How does Huawei's 5G equipment compare to its competitors?

• It is cheaper and performs better

• It is more expensive and less efficient

• It is equally priced but less efficient

• It is more expensive but performs better

What concern does the US Department of Defense have regarding Huawei's 5G equipment?

• It is outdated compared to US equipment

• It is not compatible with US technology

• It is too expensive for allied countries

• It poses a national security threat

Why might Huawei's international smartphone sales decline?

• Lack of access to Google Apps

• Increased competition from Apple

• Higher production costs

• Decreased demand for 5G phones

How is China likely to respond to the US restrictions on Huawei?

• By abandoning 5G development

• By increasing its R&D efforts

• By reducing its R&D budget

• By seeking more US partnerships