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Home Main Forums Latest Breaking News China Outraged At Arrest Of Huawei CFO

  • id-entity (3066 posts)

    China Outraged At Arrest Of Huawei CFO

     

    China Outraged At Arrest Of Huawei CFO, Warns It Will “Take All Measures”

     

    So much for a trade war truce between China and the US, or a stock market Christmas rally for that matter.

    Shortly after the news hit that Huawei CFO Wanzhou Meng — also deputy chairwoman and the daughter of Huawei’s founder — was arrested on December 1, or right around the time Trump and Xi were having dinner in Buenos Aires last Saturday, and faces extradition to the U.S. as a result of a DOJ investigation into whether the Chinese telecom giant sold gear to Iran despite sanctions on exports to the region, China immediately lodged a formal protest publishing a statement at its embassy in Canada, and demanding the U.S. and its neighbor “rectify wrongdoings” and free Meng, warning it would “closely follow the development of the issue” and will “take all measures” to protect the legitimate rights and interests of Chinese citizens.

     

    (…)

     

    As Bloomberg notes, the CFO’s arrest will be regarded back home as an attack on China’s foremost corporate champions. While Alibaba and Tencent dominate headlines thanks to flashy growth and high-profile billionaire founders, Ren’s company is by far China’s most global technology company, with operations spanning Africa, Europe and Asia.

     

    (…)

     

    Tensions between the Chinese telecom giant and U.S. authorities escalated in 2016, when the US voiced concerns for the first time that Huawei and others could install back doors in their equipment that would let them monitor users in the U.S. Huawei has denied those allegations. The Pentagon stopped offering Huawei’s devices on U.S. military bases citing security concerns. Best Buy Co., one of the largest electronics retailers in the U.S., also recently stopped selling Huawei products.

    https://www.zerohedge.com/news/2018-12-05/china-outraged-arrest-huawei-cfo-warns-it-will-take-all-measures

    Shlabotnik, Pastiche, gordyfl and 6 othersPeace Patriot, Bluesuedeshoes, iggy, mmonk, daleanime, jwirr like this
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14 replies
  • HIP56948 (4649 posts)
    Donor

    1. I think China's thoughts lean to "You fuck with us, we'll take you down with us.

    PLUS the fact that Saudi Arabia gets a free pass for murder which makes this case not as strong. I can see their point of view.

    There are 2 types of people in this world. Those who can extrapolate from incomplete data.
  • Coldmountaintrail (9789 posts)
    Donor

    2. our ruling class are too stupid a/o corrupt to exist.

    there’s an easy fix: don’t outsource your tech manufacturing.  don’t be dependent on cheap labor and easy profits.

    interesting in that Wanzhou Meng is a woman, and was ‘arrested’ in Canada.  I’m wondering if she resides there or was just visiting (Chinese are big buyers in Canadian property markets), never mind, says she was transferring planes.

    • Punxsutawney (3215 posts)
      Moderator

      7. It's all about profits

      They don’t have a problem outsourcing the production the manufacturing of very high-tech scientific instruments to China as it makes them $. Some of which are used in IC design and manufacturing. But when those same instruments show up in Iran, there’s teams of FBI agents at comany HQ.

      Who’s the bigger threat?

      To neoliberals, everyone and everything are disposable. -  Chris Hedges  “The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness" - J.K. Galbraith
  • davidthegnome (3418 posts)
    Donor

    3. A foreign Citizen?

    I must be missing something.  Whether they violated the sanctions or not – what gives the US DOJ the right to seize a citizen of China?  A civilian.

    Unless she committed a serious crime on American soil, I dont see that we have any business arresting her.

    “There is no distinctly native American criminal class save Congress.” - Mark Twain
    • daleanime (3667 posts)

      4. When has that ever stopped us?

      When the going gets tough, the tough take care of each other
      • davidthegnome (3418 posts)
        Donor

        6. When the other Country

        Has a lot of oil, or money.  Mostly.  We let the Saudis do as they please.  Also – when the other Country is Israel.

        Thing is…. China has a military second only to ours – and then not by much.  While even their manufacturing has weakened, they still control most exports to the US.  They have, or so I have been told, the best hackers in the world.

        The Soviet Union fell to economic defeat.  I wonder if the same will happen to the United States.

        We maintain this economic war of attrition at our own peril and expense.  It is incredibly stupid and dangerous.  If the economy collapses, China will quickly surpass us in matters of world affairs and economics.

        Our fat orange clown of a President is playing with fire with his trade war.  Assuming he is responsible for this arrest as well (he may not be) then we should get ready to get burned.

        China doesn’t fuck around.  We cannot match them in a war of attrition.   The US was once considered a sleeping giant – but that has passed.  The slowly waking giants of today’s world are China and India.

        What really pisses me off, is that every time these politicians play games and dare the other side to retaliate – they do – and it is regular people – and not them who feel the pain.

        “There is no distinctly native American criminal class save Congress.” - Mark Twain
    • id-entity (3066 posts)

      5. American exceptionalism

      US Congress has for ages been claiming that US jurisdiction extends to whole globe. That’s why they call it Empire.

      Disclaimer: You are free to reproduce, distribute, interpret, misinterpret, distort, garble, do what you like, even claim authorship, without my consent or the permission of anybody.
  • gordyfl (576 posts)

    8. Huawei shipped more phones globally than Apple in the second quarter

    of this year, despite its problems in the U.S.

    Wall Street Journal:

    HONG KONG—Smartphone sales are falling globally, but a Chinese tech giant whose devices most Americans can’t even buy is doing a booming business, while nipping at the heels of Apple Inc.

    Huawei Technologies Co., the world’s largest maker of telecommunications equipment, shipped more than 95 million smartphones in the first half of the year, an increase of more than 30% compared with the same period last year, the company said Friday.

    The company’s sales have risen sharply in markets such as Western Europe, the Middle East and India, according to International Data Corp.

    https://www.wsj.com/articles/bigger-sales-than-apple-chinas-huawei-doesnt-need-the-u-s-1533296175

    In the second quarter, Huawei shipped more phones globally than Apple, making it the world’s second-largest vendor of smartphones after Korea’s Samsung Electronics Co. , according to IDC.

  • bemildred (10363 posts)
    Donor

    9. I want to know if Trump is going to be outraged about it or not?

    He appears to have been sandbagged by his so-called subordinates in this, I see stories that Trudeau and Bolton knew she was going to be arrested when Trump was talking to Xi at G20, but Trump did not. So they set this up.

    It ain't the things you don't know that hurts you, it's the things you know that ain't so.
    • Ohio Barbarian (13444 posts)
      Moderator

      10. Look on the bright side. Maybe Trump will get pissed off at Bolton and fire his

      stupid neocon ass. He may as well have the tremendously largest number of National Security Advisers in one term ever.

      No man ought to stay poor so another man can get rich. --Newton Knight
      • bemildred (10363 posts)
        Donor

        11. That's what I'm hoping. Bolton is a fool.

        It ain't the things you don't know that hurts you, it's the things you know that ain't so.
        • Ohio Barbarian (13444 posts)
          Moderator

          12. And when emperors are no longer amused by their fools, bad things tend to

          happen to the fools.

          No man ought to stay poor so another man can get rich. --Newton Knight
        • id-entity (3066 posts)

          13. Not same level idiot as VP

          What makes Bolton such strong insider, no idea. But he’s totally cynical.

          Disclaimer: You are free to reproduce, distribute, interpret, misinterpret, distort, garble, do what you like, even claim authorship, without my consent or the permission of anybody.
          • bemildred (10363 posts)
            Donor

            14. Pence lacks horsepower.

            That was hilarious watching him try to stare down Putin. Both the plan and the execution.

            Bolton is more like normal but lacking a grip on reality. A True Believer of some sort.

            Mattis is another useless bureaucrat who likes to talk like he is Genghis Khan.

            Like sixth grade bullies. Apparently that works well in Washington.

            It ain't the things you don't know that hurts you, it's the things you know that ain't so.