Market
What will be China's response to the U.S. ban on China Telecom by April 16, 2025?
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China Telecom•United States•China Telecom Americas•American•Chinese•China•Beijing•Commerce Department•Trump•Federal Communications Commission
Resolution / Starting Odds
Trade restrictions • 25%
Diplomatic protests • 25%
Cyber retaliation • 25%
No retaliation • 25%
Official announcements from the Chinese government or news reports
Story
U.S. Commerce Department Initiates Ban on China Telecom, Citing National Security Risks
Dec 17, 2024, 03:20 AM
The U.S. Department of Commerce has initiated measures to ban the remaining operations of China Telecom in the United States, citing national security risks. The preliminary finding, detailed in a notice to China Telecom Americas, suggests that the company's presence in American networks and its cloud services could potentially be exploited by the Chinese government to access sensitive U.S. data. This action follows concerns over a broad hack of American telecommunications firms by China, which reportedly provided Beijing with access to data and conversations. The Commerce Department has given China Telecom 30 days to respond, with the final decision on a ban likely to be made by the Trump administration. The move is largely symbolic, as the U.S. had previously reduced China Telecom's operations in the country, with the Federal Communications Commission revoking its licenses to provide phone services in October 2021.
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Economic Sanctions • 25%
Diplomatic Protest • 25%
No Action • 25%
Other • 25%
Negotiate with the US • 25%
Implement reciprocal export restrictions • 25%
File a WTO complaint • 25%
No significant action • 25%
No official response • 25%
Diplomatic protest • 25%
Retaliatory sanctions • 25%
Other • 25%
Condemnation • 25%
No official response • 25%
Diplomatic engagement • 25%
Economic retaliation • 25%
Legal action against US • 25%
Developing domestic alternatives • 25%
Seeking international partnerships • 25%
Stockpiling restricted items • 25%
Other • 25%
Retaliatory tariffs • 25%
Diplomatic negotiations • 25%
No significant response • 25%
Seek alternative suppliers • 25%
Other actions • 25%
Impose sanctions on US companies • 25%
Increase domestic production • 25%
Retaliatory sanctions • 25%
Diplomatic protest • 25%
No significant response • 25%
Other • 25%
No significant response • 25%
Other economic measures • 25%
Diplomatic negotiations • 25%
Retaliatory tariffs • 25%
No response • 25%
Negotiations initiated • 25%
Retaliatory tariffs • 25%
Other measures • 25%
Diplomatic negotiations • 25%
Other • 25%
No significant response • 25%
Retaliatory tariffs • 25%