While many of China’s largest brands – Haier, Huawei and Xiaomi – have not yet become household names, Joel Backaler describes how China’s domestic market is changing and the companies that are focusing on developing their brand internationally.

The issue of cyber warfare and other cyber security incidents is becoming a serious problem for China, and is causing problems with its relations with foreign powers. In particular, China and the US have seen an increase in tensions due to cyber security issues initiated by US intelligence. The two powers should cooperate to avoid future cyber related conflicts.

The U.S. National Security Agency (NSA) infiltrated Chinese telecom giant Huawei years ago. The disclosures highlight the global risks associated with unilateral government surveillance.

Reportedly, an internal EU analysis has led European officials to weigh steps over Chinese vendors Huawei and ZTE. An unmanaged friction has the potential to escalate into trade friction between the EU and China.

Now a full global competitor, Huawei has come to be targeted by the Americans for at least two reasons. Firstly, Americans have become even more anxious about China’s rise, which they see as a threat to their own interests. Secondly, their own companies and industries must be protected.

The US House Intelligence Committee released a report blocking Huawei and ZTE's access to the US market sales and M&A. Coincidently, Softbank, Japan, acquir

Huawei’s debacle with US Congress raises troubling questions at many levels. Based on hypotheticals and a basic misunderstanding of China’s business environment, Huawei will pay a heavy price for a colossal failure to communicate across the two cultures.

As the House Intelligence Committee continues its investigation into China-based telecom companies over alleged security threats; Dr. Dan Steinbock examines the barriers companies like Huawei face when entering US markets.