NEW YORK -- Microsoft founder Bill Gates decried the "paranoid" view fueling the current high-tech rivalry between the U.S. and China, telling an audience here Wednesday that trying to stop Beijing from developing innovative technologies is "beyond realistic."
President Donald Trump and many American lawmakers, both Republicans and Democrats, have voiced national security concerns over major Chinese companies such as Huawei Technologies. The global telecom equipment supplier was placed on the U.S. Commerce Department's Entity List in May, a blacklisting that restricts its purchases of American technologies.
