Its clear that China wants to get everything under its control, and it fears that tech companies are becoming too big and powerful. We should thank Jack Ma for this. Expect more!

China has been built by US and US Companies predominantly as a superpower, and also by slowly and steadily stealing technology. Now it is showing its power. Trump has shown the way, and Biden has learnt quickly that he was right. Despite what many think about him. That way, India is much better. They can but they do not launch parallel companies for their local offices and do not steal technology by using hackers, mainly due to vedic tradition, no matter how lax the country may appear.

Huawei built its fortune with support from government spy's and government funding that it got silently. at a point of time, it didn't even modify the debug strings that contained other company names. Do you want to support thieves an dacoits? just during covid-19, China is threatening its neighbours to ensure they dont take its business away. Imagine what it will do if it develops monopoly in the world. Unlike US, it is not labour expensive. It hardly has any import needs. And it is growing in technology mainly by stealing it. This it manipulates Yuan and kills other countries businesses. So penalizing Chinese companies looks very fair to me, ,though not enough.