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Huawei finance chief detained in Canada

 

The daughter of the founder of Chinese telecoms giant Huawei has been arrested in Canada and faces extradition to the US.

Meng Wanzhou, Huawei’s chief financial officer and deputy chair, was arrested in Vancouver on December 1.

Details of the arrest have not been released but the US has been investigating Huawei over possible violation of sanctions against Iran.

China’s embassy in Canada protested at the arrest and demanded her release.

Huawei said it had little information about the charges and was “not aware of any wrongdoing by Ms. Meng”.

The arrest comes at a sensitive time for US-China relations. The two countries are engaged in a trade war that has seen both impose tariffs of billions of dollars on one another’s goods.

Analysts say the arrest will not help the ninety-day tariff truce Washington and Beijing agreed after President Donald Trump and his Chinese counterpart Xi Jinping met at the G20.

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