Huawei affair -- growing Communist Party role in China's big tech

While many private companies face economic pressure, a favored few thrive

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Trade war's pressure on Chinese economy is adding to Beijing's control over private companies. © Reuters

Whatever the rights and wrongs of the arrest of the chief financial officer of Huawei Technologies, the Chinese electronics group, pending extradition to the U.S., everyone concurs it was a big deal.

Meng Wanzhou's detention in early December has complicated the already feisty relationship between the U.S. and China and their fragile trade truce.

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