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Michigan congressman says security threat thwarted

Discussion in '2008 Archive' started by Revmitchell, Mar 7, 2008.

  1. Revmitchell

    Revmitchell Well-Known Member
    Site Supporter

    Feb 18, 2006
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    Congressman Thad McCotter says a "stealth assault on America's national security" by Communist China has been stopped.

    The global Chinese telecom company Huawei has failed in its attempt to purchase a stake in the U.S. technology group 3Com, which makes anti-hacking software for the military. Private equity firm Bain Capital and Huawei withdrew their takeover filing with the Committee on Foreign Investment in the United States after some lawmakers warned the proposed $2.2 billion deal threatened national security. Huawei has ties to the Chinese military, which recently conducted a cyber attack on the Pentagon.