Last November, with U.S. sanctions starting to bite, the Chinese telecom giant sold off its Honor smartphone brand — to the state. Why?
Last November, Huawei announced that it had sold its budget smartphone brand called Honor to a consortium of state-backed investors. The deal, which Reuters said brought Huawei $15 billion, came just after the U.S. government tightened sanctions against the Chinese telecom giant. Faced with the threat of losing access to American chips, Huawei sold Honor (not its main smartphone brand) to the Chinese government. This week, as part of an occasional feature, The Wire breaks down the Huawei transac
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When Joe Biden took office, many of his supporters thought the first order of business would be unwinding Donald Trump's trade war with China. But his trade czar, Katherine Tai, has been largely MIA, a stark contrast to her predecessor, the fiery and ubiquitous Robert Lighthizer. So what has Tai been up to?
The academic tells us why it's important to understand the Chinese leader's political beliefs and where they come from — as well as their shortcomings.
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