Huawei exec’s arrest sends shudders through stock markets

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Hong Kong (CNN Business)The arrest of a leading Chinese tech executive at the demand of the United States has actually sent out shock waves through stock exchange.

Shanghai’s market moved about 1.7%, while United States stock futures were pointing down more than 1%. Significant indexes in Europe fell by around 1% to 1.5% in early morning trading.
The arrest of Meng, the child of Huawei’s creator, stimulated worries of a brand-new escalation of stress in between the United States and China, which reached a truce in their trade war less than a week earlier. Unpredictability about whether the 2 sides can reach an enduring offer has actually sustained unpredictable trading in international markets today.

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