The UK's Huawei ban risks crippling its ambitions in technology and science

Reuters

• Stephen Page is the founder and CEO of SFC Capital.
• The UK's decision to strip out Huawei equipment from its upcoming 5G networks risks icing a burgeoning relationship with China, he writes.
• He points to the example of the US, which attracted billions of dollars in investment from China into its tech startups but saw the amount drastically reduce as the trade war intensified.
• A similar cooling off might jeopardize some of the innovative joint ventures the UK has forged with China, which has resulted in millions of pounds being invested into British universities and companies.
• This is an opinion column. The thoughts expressed are those of the author.
• Visit Business Insider's homepage for more stories.

Visiting China last year, I knew the country excelled at technology and innovation.

But it was a pleasant surprise to find that its science parks were not only world-leading R&D centers but also welcoming to UK startups and set up to add value for companies entering the market.

See the rest of the story at Business Insider

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