Huawei chief financial officer Meng Wanzhou was granted bail by a Canadian court, allowing the executive to stay in her Vancouver home as she awaits a possible extradition to the US over fraud charges.
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The Trump administration has insisted the arrest of a top Huawei executive has nothing to do with trade talks. In Beijing, it’s just the latest US move to contain China’s rise as a global power.
The arrest last week in Canada of Meng Wanzhou, the chief financial officer of Huawei Technologies, China’s iconic company, is a watershed event.
If the US continues to play hardball on Huawei, don’t rule out Beijing at least reminding American officials of the bazooka in its cupboard
China has threatened Canada with grave consequences if a top executive at Huawei is not immediately released, calling her arrest as she changed planes in Canada “unreasonable, unconscionable and vile in nature”.
China’s Huawei is planning to overhaul its global software systems as it tries to avoid a ban in the UK and other European markets, after previous piecemeal fixes failed to assuage national security concerns.
Huawei chief financial officer Wanzhou Meng faces extradition to the US over potential violations of American sanctions on Iran. Here are the latest developments.
China’s state media called the arrest of Huawei’s chief financial officer in Canada a “despicable rogue’s approach”, painting the move as a politically motivated effort to contain China’s rise.
On the same day Donald Trump and Xi Jinping struck a trade war truce in Argentina, some 11 000km away Canadian authorities made an arrest that now threatens to make the US-China conflict much worse.
Huawei Technologies’ chief financial officer was arrested in Canada over potential violations of US sanctions on Iran, provoking outrage from China.