India, Jan. 18 -- Huawei may be allowed to participate in the construction of Brazil's 5G networks after all, according to local reports over the weekend.

The newspaper Estado de S. Paulo (paywall applies) said financial pressures and the imminent exit of President Trump from the White House are forcing President Jair Bolsonaro to backtrack on his opposition to the China-based vendor from bidding to provide 5G network equipment.

Reuters noted that, like Trump, Bolsonaro believes that Huawei shares confidential data with China's Communist government, despite a lack of proof. Only last month, Reuters reported that Bolsonaro's government was looking for a legal way to exclude Huawei from 5G networks in Brazil.

However, Bolsonaro has faced...