Trump's war with Huawei

Bloomberg Businessweek visits a Huawei plant in China.

Huawei is said to have stockpiled enough chips and other vital components to keep its business running for at least three months, according to people familiar with the matter. Some of its 180,000 employees remain optimistic that Beijing will resolve its dispute with Washington. Others are confident the Chinese government will step in with either capital or policy changes to prop up the company.

...As Huawei marshals its troops, the U.S. continues to exhort governments around the world to shun its equipment. Australia and New Zealand have banned its gear, and Japan has effectively done so, while others, including the U.K., are weighing their options. Trump has said the restrictions on the company could be lifted as part of a trade deal with China, but negotiations have stalled. “The fundamental question here is, is this a negotiating lever as part of a trade deal?” says Chris Lane, a Sanford C. Bernstein analyst. “If the ban goes on a long time, Huawei will lose a lot of market share.”- Reporting by Gao Yuan

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