US-China tech war: Biden cuts two Huawei financing arms off from US investor access as fight moves to capital markets

US-China tech war: Biden cuts two Huawei financing arms off from US investor access as fight moves to capital markets

South China Morning Post - China·2021-06-05 07:05

Analysts say move demonstrates Washington’s determination to use financial weapons against Chinese companies it deems a national security threat

Huawei’s offshore bonds are held by many big financial firms, including large asset management funds

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