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The US has Huawei in cuffs, but China has American industry in chains

Concerns over the immediate future of Huawei Technologies Co with its CFO under arrest, are well warranted

Wanzhou Meng, HUAWEI CFO, Wanzhou, Huawei
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Wanzhou Meng, Huawei CFO (Photo: Bloomberg)

Tim Culpan | Bloomberg
Imagine you’re a product engineer for a US device brand based in China. You’ve had to submit your passport for annual visa renewal.

Without it, you can’t travel. And with heightened concerns over security and a crackdown on VPNs (which enable users to bypass Chinese censorship of the internet) your company has decreed that all sensitive product discussions be done in-person back at HQ. But that visa renewal is taking a long time and you’re stuck in Shanghai, with your product cycle being extended by the day.

In Shenzhen, where your devices are assembled, the factory has just been raided for the