Ancient Chinese engineers and scientists made significant discoveries and made significant technological advancements in China. The Qing dynasty is the origin of astronomical instruments, and instructions for their construction. Chinese engineers and scientists are making significant discoveries today. Their achievements have been widely recognized as a major factor in the country's technological advancements.
Huawei
Global mobile network operators are eager to use Huawei's technology. The company's prices are less than that of its competitors. The company attributes this to lower labor costs, innovation, efficiency in management, and cheap labor. It also claims its advantage is due to Chinese government subsidies. However, some European countries claim that any 5G network is subject to inherent risks.
Huawei, founded in 1987, is the world's leading telecommunications equipment maker. Its annual revenues reached $123 Billion in 2019, a 19% increase over the year before. However, some Western companies have raised concerns about Huawei's close ties with the Chinese government and the potential for cyberspying and industrial espionage.