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This article was published in the "Monkey Cage," a platform of the Washington Post, by scholars in the initiative's U.S.-China Research Group on Business and Trade as part of their collaborative research.

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December 7, 2018

The Huawei Arrest Made the Stock Market Tank. Trump May Not Even Have Known About It.

Author: Henry Farrell Abraham Newman

The arrest and possible extradition to the United States of Meng Wanzhou, the chief financial officer of Chinese communications giant Huawei, in Canada for possible sanctions violations made the stock market tank. However, it is not just a simple criminal case, or even a crude effort to exert economic pressure on China. Instead, as we explain below, it shows how the geostrategic relationship between the Washington and Beijing is changing.

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