tomorrow, Wednesday, lands, China's chief negotiator in trade matters in Washington to meet his american colleague Robert Lighthizer. The idea was that the two would dissolve the threads in the commercial dispute which has been ongoing since Trump took over as president and started to be noticed in the chinese economy after import duties on chinese goods has been raised in several rounds.
the Talks could not have started in a more uphill. The leaders in Beijing are angry that the united states brought criminal charges against telekomjätten Huawei on thirteen points, among other things, of industrial espionage and bankbedrägeri, and for its request to the in Canada in custody, the chief financial officer Meng Wanzhou, the daughter of Huawei's founder, to be extradited to the united states.
Among other things, stated Huawei has rewarded employees with bonuses when they managed to steal trade secrets. At the same time suspected Meng Wanzhou to have violated united states sanctions against Iran.
the united states's prosecution is just the continuation of a war with many ingredients that have been going on between China and the united states for a longer period of time. The united states has also accused China of distorting competition in the trade through government subsidies and teknologistöld.
Now the claim, admittedly, the united states to the case against Huawei and request to Meng Wanzhou don't have anything with the countries ' trade negotiations, to make. But the allegations against the company are just such the united states demanded that China must cease. Otherwise, Donald Trump threatened to raise tariffs against China further.
as a policy. The chinese foreign ministry has reacted with anger and claims that the united states are attacking chinese companies for solely political reasons.
China is a lot at stake. Huawei is a national treasure that has had an impressive growth and is seen as a role model for other chinese companies. Today, the company is the world's largest supplier of telecom equipment and the second-largest vendor of smart mobile phones. Now threatening the united states and several other countries to close the company out from the deployment of 5G.
the mood in the chinese handelsdelegationen has dropped significantly after last night's bomb. The question is how China will act in order not to show himself submissive.
That doesn't seem to speak and monarchy, the country has shown ever since the Meng Wanzhou was arrested in Canada. Two canadian citizens arrested in China, accused of ”endangering national security”, and a canadian accused of drug smuggling in China has had his prison sentence commuted to sentence of death.