Article

2018-12-07 China-Japan-Koreas

Huawei arrest stokes fears of China reprisals among America Inc executives

HONG KONG/SHANGHAI (Reuters) - At a closed-door security meeting of U.S. companies in Singapore on Thursday, one topic was high on the agenda: the arrest of a top executive at Chinese tech giant Huawei [HWT.UL] and the potential backlash on American firms operating in China.

Officials from major U.S. companies who attended the event, a scheduled meeting of the local chapter of the U.S. Department of State’s Overseas Security Advisory Council (OSAC), voiced concerns about retaliation against American firms and their executives, two people with knowledge of the meeting said.

A number of attendees said their companies were considering restricting non-essential China travel and looking to move meetings outside the country, one of the people added.

Security executives for companies including Walt Disney Co, Alphabet Inc’s Google, Facebook Inc, and PayPal Holdings Inc attended the meeting, according to the sources and a LinkedIn posting by one of the attendees.

The companies all declined to comment or did not immediately respond to requests for comment.

Related but of little or no consequence: Russia butthurt over detainment of Huawei CFO Meng Wanzhou.

Posted by Besoeker 2018-12-07 08:02|| || Front Page|| [11129 views ] Top

#1 I recommend sending Bill & Melinda, Bezos, and Zuckerbert to Bejing immediately to sort this out.

Posted by Besoeker 2018-12-07 08:06|| 2018-12-07 08:06|| Front Page Top

#2 Telegraph global conflict hysteria: Huawei is the latest front in a trade war that threatens to set our tinderbox world alight.

Posted by Besoeker 2018-12-07 09:39|| 2018-12-07 09:39|| Front Page Top

#3 wondering if the deep state is behind this to sabotage Trump economic gains. Feckless thugs would kill all of us in their rampant TDS.

Posted by Warthog 2018-12-07 10:22|| 2018-12-07 10:22|| Front Page Top

#4 Huawei has been involved in sketchy schemes for a long time.

Posted by Abu Uluque 2018-12-07 11:23|| 2018-12-07 11:23|| Front Page Top

#5 Look at it this way, communists are nothing but thugs, murderers and thieves so why would anybody expect ethical business practices from them?

Posted by Abu Uluque 2018-12-07 11:26|| 2018-12-07 11:26|| Front Page Top

#6 Huawei & US Government Timeline: A Standoff Years In The Making

Posted by Eohippus Dribble5682 2018-12-07 12:01|| 2018-12-07 12:01|| Front Page Top

#7 "Look at it this way, communists are nothing but thugs, murderers and thieves so why would anybody expect ethical business practices from them?"

Read this somewhere recently, wanted to see it again and again.

Posted by Besoeker 2018-12-07 14:44|| 2018-12-07 14:44|| Front Page Top

#8 I know there is a difference between a successful businessman and a successful pirate, but I haven't yet figured it out.

Posted by Anguper Hupomosing9418 2018-12-07 17:14|| 2018-12-07 17:14|| Front Page Top

#9 I know there is a difference between a successful businessman and a successful pirate, but I haven't yet figured it out.

Marketing, mainly. That and government subsidies.

Bangkok Billy posted this little tidbit last night about the Chicoms holding some US citizens hostage. Makes me think there may be some Tit-For-Tat going on here beyond Huwei's misbehavior.

Posted by SteveS 2018-12-07 17:39|| 2018-12-07 17:39|| Front Page Top

#10 And there are some American CEOs mumbling "Why can't we get some of that Iranian action too?"

Posted by M. Murcek 2018-12-07 18:21|| 2018-12-07 18:21|| Front Page Top

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