Since the arrest of Meng Wanzhou, CFO and daughter of the head of Hauwei, the company has been in the news lately. Popular media has placed this story at the center of deteriorating relations between the US and China on both sides of the Pacific. In the US, the implications of Hauwei acting as, essentially, an agent of the Communist Party of China have pepperd the stories. In China, it’s all been another front on the trade war and effort to keep China itself down, yet again.
Which side is right?
Without a lot of context, it’s impossible to tell just what is going on. Huawei is indeed a fast rising company, and its connections to the government have definitely played a role in that. They’ve also played the free market game like any fast rising company by working incredibly long hours, poaching top talent (and their information), skirting around inconvenient laws, and slapping things together with blazing speed.
But, in the end, it’s not entirely Hauwei which is the issue after all.