Huawei founder sparks alarm in China with warning of ‘painful’ next decade

Prediction   #globaleconomy  

pc[“The next decade will be a very painful historical period, as the #globaleconomy continues to decline,” Ren said, pointing to the pandemic as well as the impact of the Ukraine war and a “continued blockade” by the US on some Chinese business.]ce #checkafter10years Predicted By Ren Zhengfei, founder at Huawei.

“Huawei must reduce any overly optimistic expectations for the future and until 2023 or even 2025, we must make survival the most important guideline, and not only survive but survive with quality.”