Speed Reading — Huawei - Level 6 — 200 wpm

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A new diplomatic spat has broken out between China and the USA over the USA's treatment of China's technology giant Huawei. The USA has accused Huawei of criminal wrongdoing. It has charged the company with a litany of crimes, including bank fraud, wire fraud, conspiracy to defraud the United States, and theft of trade secrets. The director of the FBI explained the charges at a press conference. He told reporters: "The charges [disclosed] today are the result of years of investigative work conducted by the FBI and our law enforcement partners. [These] charges expose Huawei's brazen and persistent actions to exploit American companies and financial institutions and to threaten the free and fair global marketplace."

China is furious over the USA's treatment of Huawei. It has accused the USA of trying to "kill" Chinese businesses. A spokesman from China's Foreign Ministry, Geng Shuang, said in a statement on Tuesday: "For some time now, the United States has deployed its state power to smear and crack down on targeted Chinese companies in an attempt to kill their normal and legal business operations." He added: "We strongly urge the US to stop its unreasonable crackdown on Chinese companies, including Huawei, and treat Chinese companies objectively and fairly." He warned that: "China will firmly safeguard the legitimate and proper rights of Chinese companies."

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