The Digital Source For China's Tech Innovation Since 2000

Search
Close this search box.

Huawei Founder Panics China with Warning of ‘Painful’ Decade to Come

August 26, 2022
Source: leportale.com leportale.com
News Snapshot:
Sites Publishing The News 1/2 Ren Zhengfei, the influential founder of Chinese telecom giant Huawei , warned of a “very painful ” decade to come in an internal company memo leaked to the media this week, becoming a viral sensation on China ’s heavily policed Internet. Ren , a Chinese Communist Party stalwart who is usually reluctant to challenge Party narratives, struck a very different tone from Chinese officials and propagandists who claim the current economic slump is temporary and a strong recovery lies just over the horizon. Ren ’s dour memo to Huawei employees warned, “the next decade will...
Go To Original Source →
Tags: Android | Apple | China | Chinese | communist | Congress | currency | Economy | finance | Huawei | Internet | real estate | Renminbi | revenue | Samsung | Sanctions | Shanghai | smartphone | social media | technology | Twitter | United Kingdom | university | Weibo | Xi Jinping

Other Related News:

Chinese investors flock to Riyadh conference seeking new markets, capital

June 9, 2023

China plans new rules to regulate file sharing services like Airdrop and Bluetooth

June 9, 2023

SpaceX Starship Woes Has NASA Worried About Artemis Moon Landing Delays

June 9, 2023

Foreign investors have been dumping vast amounts of Chinese assets, and putting money there will only get riskier

June 9, 2023

3 Small-Cap AI Stocks Worth Checking Out

June 9, 2023

How AI could help BHP shares reach new heights through enhanced mining production

June 9, 2023

From Quiet Quitting to Rage Applying, These Workplace Trends Are All the Rage on TikTok

June 9, 2023

Is Trump Kissing Fauci? With Apparently Fake Photos, DeSantis Raises AI Ante

June 9, 2023

Inside the ANZ board passage to India

June 9, 2023
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter