Foreign Pulse: Huawei case is a clash of economic ideologies
Deccan ChronicleThe arrest in Canada of Meng Wanzhou, chief financial officer of Chinese telecommunications behemoth Huawei, and the legal proceedings to extradite her to the United States on charges of violating American sanctions against Iran, constitute the perfect storm. A front-runner in Artificial Intelligence and 5G wireless patents, Huawei is the poster child of President Xi Jinping’s “China Dream” of an “innovation society” and a technological superpower. Even though the Canadian government has said that Ms Meng’s arrest is a purely legal action with “no political involvement”, a strike against China’s telecom colossus has enormous political implications that transcend Iran. Shortly after Ms Meng’s detention in Canada on December 1, Japan too signalled it would ban Huawei and ZTE gear over fears of intelligence leaks and cyberattacks that would give China’s government an upper hand. Canada itself is debating a ban on Chinese 5G equipment and Ms Meng’s high-profile case has emboldened nationalistic voices there to shut Huawei and ZTE out of its market.