How China could retaliate against US and Canadian companies over Huawei - News Summed Up

How China could retaliate against US and Canadian companies over Huawei


Hong Kong (CNN Business) Canadian and US companies are bracing themselves for fallout from the arrest of a top executive at Chinese tech giant Huawei. Locking up execsOne risk is that Chinese authorities could detain a US or Canadian business executive in a tit-for-tat response. Nationalist backlashSome Chinese companies and business groups are already encouraging employees to boycott Apple ( AAPL ) and other US suppliers and buy Huawei products instead. The Chinese government "may choose to expend more resources auditing US and Canadian companies," she said. "Unfortunately [cyberattacks] are always a possibility with China," former Canadian Ambassador to China David Mulroney said in an interview with Canadian broadcaster CTV last week.


Source: CNN December 12, 2018 11:01 UTC



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