Saturday, December 8, 2018

Wa Wa HUawei

      Hmmmm.  Go to Canada: Get arrested.  So, the CFO of Chinese telecom Giant Hwahei was arrested in Vancouver, Canada as she tried to change planes on a journey to visit family.  The arrest warrant was made on behalf of the United States Dept. of Justice.  The allegations indicate that she facilitated illegal sales of company products to Iran through companies not listed as subsidiaries of Hwawei.  This act alone sends the message to China that these on going trade talks will not be based on conversations about doing business in China.  It will entail the complete business model of the Chinese government.  Using tactics that include the stealing of trade secrets, theft of technology, requiring companies to share proprietary information as a condition of doing business, and a requirement to partner with state -owned companies to do business in China has finally reached the boiling point.  Now China must face the reality of their methods: they aren't going to be forgicven any longer: game over, Mr, Xi.

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