Hong Kong (CNN Business) Canadian and US companies are bracing themselves for fallout from the arrest of a top executive at Chinese tech giant Huawei. Locking up execsOne risk is that Chinese authorities could detain a US or Canadian business executive in a tit-for-tat response. Nationalist backlashSome Chinese companies and business groups are already encouraging employees to boycott Apple ( AAPL ) and other US suppliers and buy Huawei products instead. The Chinese government "may choose to expend more resources auditing US and Canadian companies," she said. "Unfortunately [cyberattacks] are always a possibility with China," former Canadian Ambassador to China David Mulroney said in an interview with Canadian broadcaster CTV last week.

Source: CNN December 12, 2018 11:01 UTC