BRUSSELS - Chinese telecoms equipment maker Huawei on Wednesday welcomed the European Union's 5G guidelines that are likely to limit its business in Europe, but which fall short of a U.S. call for a total ban.

"This non-biased and fact-based approach towards 5G security allows Europe to have a more secure and faster 5G network," Huawei said in a statement.

(Reporting by Foo Yun Chee; editing by Philip Blenkinsop) ((foo.yunchee@thomsonreuters.com; +32 2 287 6844; Reuters Messaging: foo.yunchee.thomsonreuters.com@reuters.net))