China Markets politics trade

‘China Will Take Hostages’: Huawei CFO Arrest Grabs Top Billing For Nervous Markets

"...the tension between the two sides is rapidly escalating."

"...the tension between the two sides is rapidly escalating."
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7 comments on “‘China Will Take Hostages’: Huawei CFO Arrest Grabs Top Billing For Nervous Markets

  1. “It’s hard to imagine that the U.S. would take such a dramatic step without considering the ramifications for the fledging trade truce.”. Considering who is in charge, I don’t find it very hard to imagine.

    • Lance Manly

      The current administration has found itself incapable of finding nominees and getting them approved by the Senate throughout the government. Those that are approved tend to be ideologues with no idea of what their actual job entails. This means entire sections are running on autopilot with no communications or coordination with other agencies.

  2. “It’s hard to imagine that the U.S. would take such a dramatic step without considering the ramifications for the fledging trade truce.“. This move was made by the people who were shocked when, in response to US tariffs, other nations imposed retaliatory tariffs and the same people who were shocked that healthcare was so complicated.

  3. I’m trying to wrap my head around us extraditing foreign corporate executives who break our sanctions with Iran. Even if we can do that…..I can’t imagine that we would or should.
    I wonder what brainiac in the JD thought this was a good idea…….our new acting AG?

    • I think it was the previous sanctions that were broken. Not Trumps unilateral ones. Even so, it’s still a dumb move.

  4. Itks impossible for lnobodies” like us to have any clear idea of wtf is going on. And we have short memories. The ZTE handsets were determined to have malware. Trump cleared the way for those… then in October we find more Chinese tech malware. Amazon decides Intel chips ai’nt good enough, and Cyber Czar Rudy flames out over his own typo on Twitter. Someone knows whats going on and I bet they are not American…

    The US has a lot of hedge fundies in thrall to despots as well via ZH that may be naivly helping…

    https://www.bloomberg.com/news/features/2018-10-04/the-big-hack-how-china-used-a-tiny-chip-to-infiltrate-america-s-top-companies

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