At a time of maximum tension in the U.S.-China relationship, news of the arrest last weekend of a top Chinese tech official in Canada managed to set off multiple shock waves Thursday, threatening to buckle global stock markets and wipe out a big chunk of the recent Wall Street gains President Trump is fond of trumpeting.
The arrest shines a harsh light on U.S. and allied concerns about Chinese state-backed corporate giants, massively complicating a trade war “truce” just negotiated by Mr. Trump and Chinese President Xi Jinping. [Read more at The Washington Times]