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Axios

Courtenay Brown

Asia stocks fall sharply after Huawei CFO arrest

Photo by VCG/VCG via Getty Images

Asian stock markets dropped sharply on Wednesday, led by Chinese tech stock declines, following the arrest of Huawei CFO Meng Wanzhou.

Between the lines: The arrest creates big unknowns for Huawei suppliers and partners, and also adds additional tensions to U.S.-China trade negotiations.

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