A wave of speculation has hit the internet in China, suggesting that the heavily sanctioned Chinese electronics manufacturer Huawei has become China’s largest beef importer due to payments it received from Argentinian clients made in beef instead of cold, hard cash. Whether the new ranking is true or not has proven difficult to prove, but our investigation indicates Huawei has accepted beef as a form of payment in the past and may still do so.
Huawei did not publicize anything suggesting it achieved such an odd distinction for an electronics manufacturer, nor did any of China’s official media outlets, like Xinhua News Agency. However, media conglomerate Phoenix TV did release a video reporting that Huawei had become China’s largest beef importer.
