The breakneck unraveling of the world’s most important trade relationship has left companies and governments around the world scrambling.
SAN FRANCISCO — The Chinese government this past week summoned major tech companies from the United States and elsewhere to warn that they could face dire consequences if they cooperate with the Trump administration’s ban on sales of key American technology to Chinese companies, according to people familiar with the meetings.
Held on Tuesday and Wednesday, the meetings came soon after Beijing’s announcement that it was assembling a list of “unreliable” companies and individuals. That list was widely seen as a way of hitting back at the Trump administration for its decision to cut off Huawei, the Chinese electronics giant, from sales of American technology. The United States has accused Huawei of stealing trade secrets and conducting surveillance on behalf of Beijing.
Details about the meetings, the latest move in two weeks of high-stakes economic brinkmanship between the United States and China, were shared by two people familiar with them, who asked not to be named because they were not authorized to discuss them and could face retribution. The companies summoned by Chinese officials included a number of the world’s most important semiconductor firms, as well as other tech giants.
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https://www.nytimes.com/2019/06/08/business/economy/china-huawei-trump.html