Geopolitical Conflict: Huawei CFO Meng Wanzhou Arrested in Canada

In December 2018, the Chief Financial Officer of the Chinese enterprise giant Huawei, Meng Wanzhou, was arrested in Vancouver, Canada, on a U.S. warrant regarding alleged violations of sanctions against Iran. The incident quickly escalated the U.S.-China trade and technology competition into a full-blown geopolitical crisis.

Meng Wanzhou's arrest immediately impacted the global telecommunications industry, raising profound concerns about the future of 5G networks, intellectual property protection, and the security of global supply chains in the Future World, highlighting the political risks faced by Chinese Consortiums during global expansion.