Economics
Europe Was Growing Wary of Huawei Even Before CFO's Arrest
- Germany and France said to join U.K. weighing security risks
- Next generation network concerns have fueled U.S. clampdown
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The shock arrest of Huawei Technologies Co.’s chief financial officer comes at a crunch time in Europe, as governments decide whether to crack down on the Chinese technology giant.
Before Canadian officials detained Wanzhou Meng on Dec. 1 over potential violations of U.S. sanctions on Iran, officials from the U.K., Germany and France were becoming increasingly wary of the telecom-equipment maker, according to people familiar with the matter.