China retaliation against Canadian companies unlikely for now: experts - News Summed Up

China retaliation against Canadian companies unlikely for now: experts


VANCOUVER — Fears of retaliation against China-based staff of Canadian companies in the wake of a Chinese tech exec’s arrest in Canada are overblown at the moment, but experts say that could change if the situation escalates. Other Canadian companies with Chinese interests include Bombardier Inc., Magna International Inc. and Canada Goose Holdings. Currently, China is referring to Meng’s arrest as “hooliganism,” said Ong, adding escalating rhetoric from China or the U.S. could be a gamechanger. If businesses are worried about their employees getting arrested in Canada, they’re less likely to do business here, said Sui. “It’s not only about Huawei… Also other Chinese business people could be worried,” she said, noting the size of the firm doesn’t matter.


Source: National Post December 07, 2018 18:00 UTC



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