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Trade war

'Huawei freeze' chills global supply chain

Tight web of partnerships makes Chinese equipment tough to replace

TAIPEI -- In every war there are unintended consequences. Washington's decision to go on the offensive against China's leading technology group, Huawei Technologies, by requesting the arrest and extradition of its chief financial officer -- whose father happens to be 74-year-old founder Ren Zhengfei -- was no exception. And supply chains crisscrossing the world stand to pay the price.

The news that Meng Wanzhou had been arrested in Canada on Dec. 1, the day the American and Chinese presidents were meeting, drove down markets across the world on fears that the trade war truce will prove short-lived.

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