New US rule further limits Chinese firms

Latest move curbs use of federal funds to buy telecom equipment, services

The United States has released an interim rule to restrict government agencies from doing business with Chinese tech companies including Huawei, which industry insiders said is another means of impeding Chinese companies and hampering global free trade.

The new rule, published on Wednesday, was posted on a website run by the General Services Administration, the US government agency responsible for contracting.