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At a news conference to introduce new artificial intelligence chips at its headquarters in Shenzhen on Friday,  the Chinese Huawei Technologies’ Deputy Chairman Eric Xu  noted that the company is “fully prepared” to sustain with US trade restrictions, as cited by Reuters.

There is no impact to its business from US’ decision this week to delay the ban by 90-days, allowing it to buy supplies from US firms, Eric added.

The risk-on sentiment dominates the European trading so far this Friday, with the above comments having virtually no impact on the markets.