Huawei CFO arrested, expect trade talks to continue as US-China tech strains intensify
Great quick take on the Huawei stuff and its broader implications.
Huawei CFO arrested, expect trade talks to continue as US-China tech strains intensify:
I have seen speculation that China may retaliate by arresting a US tech executive. That would certainly be explosive, but I am not sure Beijing would do that without a very clear legal case as it would undermine the massive propaganda campaign the Party has undertaken to portray the PRC as open for foreign business and as the defender of the global trading system. However, if I were a US tech executive I would delay travel to China for a bit or go on a vacation if based there…