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The Story of Money

Huawei and the fight for 5G

The Story of Money

Manuela Saragosa

Business, Crypto, Markets, Finance, Banking, Investing, History, News

4.4400 Ratings

🗓️ 18 December 2018

⏱️ 22 minutes

🧾️ Download transcript

Summary

The arrest of Meng Wanzhou, Huawei's chief financial officer, followed months of mounting scrutiny of the world's biggest telecoms equipment maker. The FT's Nic Fildes explains how Huawei grew to be such a big player, and why western intelligence officials are warning against working with the Chinese company on the next generation of mobile technology.  

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Transcript

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0:00.0

Am I missing anything? Is this the right decision?

0:02.0

Is this a connection?

0:03.0

Are I too late?

0:05.0

Find clarity in your investment decision-making.

0:08.0

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0:12.0

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0:14.6

industry expertise.

0:16.5

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0:21.1

facts, not opinions.

0:23.0

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0:26.6

Visit clarity.

0:28.0

AI and take action today.

0:30.2

When Huawei's chief financial officer,

0:32.1

Meng Wanju was arrested in Vancouver

0:34.2

on the 1st of December, a technology battle between the US

0:37.5

and China had been brewing.

0:39.0

The arrest was linked to her company's alleged

0:41.6

dealing with Iran,

0:43.2

a country the United States has strict sanctions against.

0:46.5

The US is also reportedly concerned

0:48.5

that the Chinese government could be using Huawei's

0:51.4

networking technology to spy on Americans.

...

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