Huawei CFO arrest sparks Chinese backlash that could hurt US talks

The arrest of Meng Wanzhou has grabbed global attention amid concerns her detention could derail talks between the US and China to hammer out a trade deal

Wanzhou Meng, HUAWEI CFO, Wanzhou, Huawei
Wanzhou Meng, Huawei CFO (Photo: Bloomberg)
Bloomberg
Last Updated : Dec 12 2018 | 1:15 AM IST
Calls to boycott Canadian goods, throw away iPhones and load up on Huawei handsets are among signs of budding public anger in China over the arrest of the Chinese technology giant’s chief financial officer in Vancouver.

A number of Chinese companies have posted notices to their social media accounts proclaiming support for Huawei, while offering employees subsidies and other incentives to purchase the firm’s products. Shenzhen-based Menpad also threatened to fine employees if they bought Apple’s phones, while some social media users offered ideas on how to get rid of iPhones.


The arrest of Meng Wanzhou has grabbed global attention amid concerns her detention could derail talks between the US and China to hammer out a trade deal. Escalating public outrage in China could leave Beijing little room to compromise as authorities weigh their desire to buoy the economy against the need to not appear weak at home.

Over the past weekend, the Chinese government separately summoned the ambassadors of Canada and the US to condemn the arrest, including threats of grave consequences.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story