Skip to comments.Huawei arrest: China demands release of CFO Meng Wanzhou
Posted on 12/06/2018 8:12:53 AM PST by SeekAndFind
China is demanding the release of telecoms giant Huawei's chief financial officer, who has been detained in Canada.
Meng Wanzhou, the daughter of the company's founder, could face extradition to the US.
She was arrested in Vancouver on 1 December, but the news was not made public at her request.
The charges remain unknown but the US has been probing Huawei over possible violation of sanctions against Iran.
China says her detention is possibly a rights abuse.
Ms Meng has sought a publication ban on the details of the arrest, which has been granted by the courts. Huawei said it was "not aware of any wrongdoing by Ms Meng".
Huawei is one of the largest telecommunications equipment and services providers in the world, recently passing Apple to become the second-biggest smartphone maker after Samsung.
European shares hit a two-year low and indexes across Asia dropped sharply following the arrest.
How has China responded? A Chinese foreign ministry spokesperson told reporters: "The detention without giving any reason violates a person's human rights."
"We have made solemn representations to Canada and the US, demanding that both parties immediately clarify the reasons for the detention, and immediately release the detainee to protect the person's legal rights."
Beijing has itself frequently been accused by rights groups of rights abuses including unexplained detentions.
Meanwhile, Ms Meng's arrest comes at a sensitive time for US-China relations. The nations are engaged in a trade war that has seen both impose duties of billions of dollars on one another's goods.
(Excerpt) Read more at bbc.com ...
What could be behind it?
US media have reported that Huawei is under investigation for potential violations of US sanctions against Iran.
One report in the New York Times said the US commerce and treasury departments had subpoenaed the firm over suspected violation of sanctions against both Iran and North Korea.
US lawmakers have repeatedly accused the company of being a threat to US national security, arguing that its technology could be used for spying by the Chinese government.
Reacting to the arrest, US Senator Ben Sasse told Associated Press that China was aggressively engaged in undermining US national security interests, often “using private sector entities”.
Probably needs close personal protection. I have the skillsets and I selflessly volunteer for the job.
This is the equivalent of China grabbing Tim Cook or Eric Schmidt.
I see feces hitting fans in the near future.
Stock market sure seems worried!
Since Asian corporations tend to be diversified into many unrelated products, and since both countries mentioned have violent, unstable rulers who are attempting to build nuclear arsenals...I think I will wait for more complete information before making any assessment.
This is what I THINK happened:
Huawei talked about a product for which they needed high-speed US chips.
The US has sanctions against sending such chips to Iran.
China bought the chips, but them into gear of their own, then seeing the end result as THEIR PRODUCT, exported it to Iran.
The US got angry about it.
That’s what I vaguely remember about it.
I'm good with either or both.
I’m surprised that Canuck-istan arrested her for us......with China’s wailing over it, I’d think Trump may have been handed some more leverage....
Much international intrigue goin’ on out thar.
True she is a big fish, but not in a big lake.
Chess pieces are being moved, deals are being made.
This disappears from the narrative by Monday.
Yeah, I could really care less, except all these drama is causing the stock market to tank big time and affecting our retirement funds.
You are probably in the market for the long run. These up and downs will come and go, but the long run is where profits will be made.
Her guilt has definitely not been established!
China being concerned about someone being detained without reason is troubling.
That's rich coming from China
Ms Meng has sought a publication ban on the details of the arrest, which has been granted by the courts.
Took them awhile to get to the Iran info, didn’t it....
THE WAR ON STANDARDS, STEM EDITION
Power Line | DECEMBER 4, 2018 | PAUL MIRENGOFF
Posted on 12/06/2018 10:04:48 PM PST by george76
Huawei CFO Arrest is a Declaration of War Says Editor of Global Times
Breitbart News | December 6, 2018 | John Carney
Posted on 12/06/2018 6:47:22 PM PST by familyop
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