Published: Sat, December 08, 2018
Global Media | By Garry Long

Russian Federation says detention of China’s Huawei CFO shows USA arrogance

Russian Federation says detention of China’s Huawei CFO shows USA arrogance

Still, attorney DeBusk said, "I would certainly expect the Chinese to do something in retaliation" for Meng's arrest, perhaps by targeting U.S. companies doing business in China.

The U.S. allegations, detailed in a provisional arrest warrant granted last August by a NY judge, hinge on a 2013 presentation Ms. Meng gave to HSBC and its American affiliate.

Meng was arrested in Vancouver on December 1 while transferring planes on a trip from Hong Kong to Mexico, at the request of USA authorities seeking her extradition.

The arrest was made at Washington's request as part of a United States investigation of an alleged scheme to use the global banking system to evade USA sanctions against Iran, according to people familiar with the probe. In 2010, Skycom was caught attempting to smuggle embargoed cellphones into Iran, and in 2013 Meng allegedly lied to United States banks that she had no links to Skycom.

Meng has contended that Huawei sold Skycom in 2009.

A prosecutor for the Canadian government says the chief financial officer of Chinese telecom giant Huawei has incentive to flee Canada because she faces charges in the US of up to 30 years in prison.

She appeared in a Vancouver court Friday to seek bail. Crown prosecutors argue Meng violated section 380 of Canada's criminal code, which pertains to fraud.

He told the court that her personal integrity and respect for her father, Huawei founder Ren Zhengfei, would prevent her violating a court order. With Washington's previous allegations that Huawei has direct links to the Chinese government, it's not a big stretch to assume Meng's case is another trade war offensive, perhaps a hostage-taking. Justice William Ehrcke said he would think about proposed bail conditions over the weekend.

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Following the arrest of Huawei's CFO in Canada, the UK's BT Group announced this week that it will remove Huawei equipment from existing networks and will not use the firm for 5G.

"China plays rough. We need to be on our guard and need to be aware that we're going into a very hard period with China", said David Mulroney, Canada's former ambassador to China. "This is the culmination of what is likely to be a fairly lengthy investigation".

Meng's arrest is deeply significant. Exact details of the agreement are elusive. The United States issued her arrest warrant on August 22, and BC issued a provincial arrest warrant for her on November 30.

The delay was meant to buy time for the two countries to resolve a trade conflict that has been raging for months. The lawyer also proposed that Meng could be electronically monitored to ensure she does not take flight.

"The incident shows that China faces a complicated competition with the US". These allegedly include forcing American and other foreign companies to hand over trade secrets in exchange for access to the Chinese market and engaging in cyber theft.

It has charged that Beijing has stolen trade secrets, violated patents, hacked industrial targets and forced United States companies investing in China to hand over their technology to Chinese partners. The United States has pressured European countries and other allies to limit the use of its technology. Trump has threatened to expand the tariffs to include just about everything China ships to the United States. USA negotiators have said that these issues will be negotiated during the 90-day truce. On Friday, the Dow Jones industrial average plunged almost 560 points.

USA and Asian stock markets tumbled after news of Meng's arrest as it was seen to cause another flare-up in tensions between Washington and Beijing. "Despite incomplete information about the incident, the U.S. move obviously goes against the consensus reached between the heads of state of China and the USA in Argentina".

It is also one of the leading sellers of smartphones.

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