The greater the economic sense that a particular trade transaction constitutes, the greater is the will to exploit that transaction’s intrinsic benefits by circumventing trade barriers. Look no further than the curious case of Huawei’s selling of beef products on its online store. As most of our readers would know by now, Huawei is currently under stiff Western sanctions that have severely dented its overseas 5G telecommunication equipment retail business and eliminated the company’s ability to procure high-end chips from the likes of TSMC. Despite this inhospitable business environment, Huawei has apparently found a novel solution: using beef as the […]
Read full article at https://wccftech.com/huawei-is-now-reportedly-selling-beef-products-that-it-received-as-sanctions-evading-payment-for-the-5g-equipment/
