10-03-2021, 07:24 PM
Exclusive: China's victory on Huawei Meng Wanzhou's case to curb use of US long-arm jurisdiction: ex-Alstom exec
China's victory on the incident of Huawei's Meng Wanzhou could help slow down the process during which the US uses its legal system to wage an economic war against specific companies and inspire more countries to stand up in counteracting the long-arm jurisdiction of the US, former Alstom executive Frederic Pierucci told the Global Times in an exclusive interview on Friday.
"It's clear that the US has been using it [such tactic] for quite a long time," Pierucci said during a video interview with the Global Times, as the country often targets companies' strategic sectors by applying US laws onto foreign companies in order to achieve their economic goals.
The story of Pierucci has been widely described as the French version of Huawei's recent incident. As a co-author of a book titled Le Piège Américain (The American Trap), the French businessman who used to work at the French energy and transport giant Alstom, told a story about how the US uses its long-arm jurisdiction as a weapon to strike down competitors.
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