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Huawei CFO Arrest Fuels US-China Trade Tensions

By BenZinga
Financial Services

The Chinese embassy to Canada demands immediate release of Huawei’s global CFO arrested in Vancouver Dec. 1 on behalf of U.S. authorities, according to late Wednesday reports.

What Happened

Canada detained Wanzhou Meng with intentions to extradite her to the U.S. for charges filed in a Brooklyn federal court. Meng allegedly violated Iran sanctions, although Huawei said it was unaware of any wrongdoing and had been given little information about the allegations.

The U.S. had been investigating Huawei since at least …

Read the full story at Benzinga.

Photo: Getty iStock

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