Wall Street Journal

Apparently, the Federal Communications Commission is considering a new rule to further curb the US business of Huawei Technologies, making it harder for small and rural carriers to purchase gear from Chinese telecom-equipment makers. Such a move would further escalate the government’s recent campaign against the cellular-technology giant and its Chinese peers over what the Trump administration says are national-security concerns.

The Chinese internet’s race to go low: lower income, lower-tier cities and lower internet-service penetration. China’s relatively young internet industry is facing a mature-market problem: User growth for popular online services such as instant messaging, search, online news and video has fallen to single digits. Online population growth has hovered around 5% to 6% annually since 2014, which is only slightly higher than in mature economies. Unlike in many developed markets, a vast number of Chinese are unconnected.