For Shenzhen’s economy, which last year surpassed Hong Kong’s in size, the loss of Huawei would be devastating. Illustration: Lau Ka-kuen
For Shenzhen’s economy, which last year surpassed Hong Kong’s in size, the loss of Huawei would be devastating. Illustration: Lau Ka-kuen
Economy /  China Economy

US sanctions on China’s Huawei spell trouble for Shenzhen economy

  • Huawei’s success has been a major factor in Shenzhen’s transformation from a fishing village to an international tech hub
  • Analysts say US sanctions on the company will be a blow not just to the city, but the broader Chinese economy

He Huifeng
He Huifeng in Guangdong

Updated: 6:33pm, 31 Aug, 2020

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For Shenzhen’s economy, which last year surpassed Hong Kong’s in size, the loss of Huawei would be devastating. Illustration: Lau Ka-kuen
For Shenzhen’s economy, which last year surpassed Hong Kong’s in size, the loss of Huawei would be devastating. Illustration: Lau Ka-kuen
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