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Egyptian billionaire: Trump is right about China

  • Egyptian billionaire Naguib Sawiris said "President Trump is right" in saying that China has taken advantage of other countries.
  • Still, he said, the leadership in Beijing seems willing to make what changes it can and there's likely to be some resolution to the ongoing U.S.-China trade war.
  • However, Sawiris said other countries are "justified" in their concerns that Chinese telecommunications equipment maker Huawei could be a security risk

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