2018-12-13 08:30:00 Thu ET
technology antitrust competition bilateral trade free trade fair trade trade agreement trade surplus trade deficit multilateralism neoliberalism world trade organization regulation public utility current account compliance
The recent arrest of HuaWei senior executive manager may upend the trade truce between America and China. At the request of several U.S. authorities, Canadian policemen detain HuaWei CFO Meng WanZhou in Vancouver. She now faces a bail trial at the British Columbia Supreme Court.
The U.S. and Canadian governments cannot specify what charges Meng faces in the meantime, but her arrest follows reports that the U.S. Justice Department might have to evaluate whether HuaWei has violated American economic sanctions on Iran. The U.S. authorities now seek her extradition. This sudden arrest angers the Chinese Xi administration and so raises new doubts about the fragile 90-day trade truce between China and America.
Stock market investors need to watch closely for additional fallout. HuaWei makes telecommunication gadgets and smart phones and now orchestrates 5G wireless telecommunication networks worldwide. Meng is the daughter of the founder of HuaWei, which is a national champion at the forefront of President Xi's efforts for China to be self-sufficient in strategic technologies. While the U.S. routinely asks allies to extradite drug lords, arms dealers, and other criminals, it is quite rare for U.S. allies to arrest a major Chinese tech executive.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2022-11-05 11:32:00 Saturday ET
CEO overconfidence and corporate performance Malmendier and Tate (JFE 2008, JF 2005) argue that overconfident CEOs are more likely to initiate mergers an
2018-03-01 07:35:00 Thursday ET
Trump imposes high tariffs on steel (25%) and aluminum (10%) in a new trade war with subsequent exemptions for Canada and Mexico. The Trump administration&#
2017-03-15 08:46:00 Wednesday ET
The heuristic rule of *accumulative advantage* suggests that a small fraction of the population enjoys a large proportion of both capital and wealth creatio
2020-01-01 13:39:00 Wednesday ET
President Trump approves a phase one trade agreement with China. This approval averts the introduction of new tariffs on Chinese imports. In return, China s
2019-01-31 08:40:00 Thursday ET
We offer a free ebook on the latest stock market news, economic trends, and investment memes as of January 2019: https://www.dropbox.com/s/4d8z
2020-10-27 07:43:00 Tuesday ET
Most agile lean enterprises often choose to cut costs strategically to make their respective business models fit for growth. Vinay Couto, John Plansky,