WASHINGTON -- U.S. prosecutors announced Monday that they have filed criminal charges against Huawei Technologies, including allegations that China's biggest tech company committed bank fraud, broke international sanctions and stole trade secrets from T-Mobile USA.
The charges are an escalation of already high tensions between Washington and Beijing, and come on the eve of talks in Washington aimed at reaching a truce in the trade war between the world's two biggest economies. The move has also fanned concerns in the industry that the U.S. could now ban Huawei from using U.S. technology exports, as it did last year with telecom equipment maker ZTE.
