A company acting under pressure from China, or one standing up for free trade and a global internet?
The extraordinary sight of Ericsson, the Swedish telecoms equipment maker, squaring up to its own government in support of its Chinese arch-rival Huawei has laid bare the intense geopolitical tensions facing some businesses.
Borje Ekholm, Ericsson’s chief executive, had already raised eyebrows in November when he criticised Sweden’s decision to ban Huawei from its 5G networks, saying in an interview with the Financial Times that the move restricted free trade and competition.
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