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Huawei renews deal with Ericsson

BEIJING: Chinese telecoms giant Huawei said on Friday it had renewed a licensing agreement with Ericsson to use each other's technologies, in a rebuff to US warnings about the risk of espionage by Beijing.

Huawei has been at the center of an intense technological rivalry between China and the United States, which suspects the company of spying for Beijing — accusations Huawei denies.