The Washington Times Weekly - - Geopolitics -

Pres­i­dent-elect Don­ald Trump an­nounced this week that Ja­pan’s SoftBank Group Corp., a ma­jor telecom­mu­ni­ca­tions firm, will in­vest $50 bil­lion in the United States and cre­ate 50,000 new jobs.

The an­nounce­ment fol­lowed a meet­ing be­tween Mr. Trump and SoftBank Chief Ex­ec­u­tive Of­fi­cer Masayoshi Son at the Trump Tower in New York.

“Masa said he would never do this had we (Trump) not won the elec­tion!” Mr. Trump tweeted Tues­day.

But the in­vest­ment com­mit­ment is rais­ing con­cerns in some U.S. na­tional se­cu­rity cir­cles be­cause of SoftBank’s past re­la­tions with China’s Huawei Tech­nolo­gies, the Chi­nese gov­ern­ment-linked telecom­mu­ni­ca­tions gi­ant that has been linked to the Chi­nese mil­i­tary and in­tel­li­gence ser­vice.

SoftBank has col­lab­o­rated with Huawei in set­ting up a high-tech wire­less net­work in Ja­pan’s Tokyo-Nagoya-Osaka cor­ri­dor.

“Joint in­no­va­tion ef­forts have been tak­ing place be­tween Softbank and Huawei with the aim of sim­pli­fy­ing net­work de­ploy­ment,” Huawei said on its web­site of the joint ef­forts.

One U.S. na­tional se­cu­rity of­fi­cial said SoftBank’s deal­ings with Huawei should raise red flags. “They should be told that if they do busi­ness with us, they don’t do busi­ness with China,” the of­fi­cial told In­side

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.