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Thu Dec 6, 2018, 09:41 AM

Top Huawei executive arrested on U.S. request, clouding China trade truce

Source: Reuters

BUSINESS NEWS DECEMBER 5, 2018 / 5:27 PM / UPDATED 27 MINUTES AGO

Top Huawei executive arrested on U.S. request, clouding China trade truce

Julie Gordon, Christian Shepherd
7 MIN READ

VANCOUVER/BEIJING (Reuters) - The daughter of Huawei’s founder, a top executive at the Chinese technology giant, was arrested in Canada and faces extradition to the United States, roiling global stock markets as it threatened to inflame Sino-U.S. trade tensions afresh.

The shock arrest of Meng Wanzhou, 46, who is Huawei Technologies Co Ltd’s chief financial officer, raises fresh doubts over a 90-day truce on trade struck between Presidents Donald Trump and Xi Jinping on Saturday - the day she was detained.

Her arrest, revealed late on Wednesday by Canadian authorities, is related to U.S. sanctions, a person familiar with the matter said. Reuters was unable to determine the precise nature of the possible violations.

Sources told Reuters in April that U.S. authorities have been investigating Huawei, the world’s largest telecoms equipment maker, since at least 2016 for allegedly shipping U.S.-origin products to Iran and other countries in violation of U.S. export and sanctions laws.

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Read more: https://www.reuters.com/article/us-usa-china-huawei/top-huawei-executive-arrested-on-u-s-request-clouding-china-trade-truce-idUSKBN1O42S1

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Reply Top Huawei executive arrested on U.S. request, clouding China trade truce (Original post)
Eugene Thursday OP
Iliyah Thursday #1

Response to Eugene (Original post)

Thu Dec 6, 2018, 09:44 AM

1. I don't think it was ever a truce.

shithole believes his own lies as truth. He needs to resign and take Pence with him.

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