Huawei

Huawei CFO Meng Wanzhou has been released from Canadian jail on US$7.5 million bail. However, the United States is eager for its northern neighbor to expedite the executive across the border for charges related to Iranian trade sanctions.

Meng was arrested on December 1 and has been held in Vancover since. She is being electronically monitored and is subject to limitations like a curfew until her next appearance in court on February 6. Her family has assured the justice that she would stay.

Reuters reports that a judge may consider Washington’s requests to expedite in the meantime. That decision may ultimately get passed up to the Minister of Justice.

The Department of Justice has been investigating the sanction breaches since 2016. Meng is accused of defrauding banks regarding the company’s activities in Iran.

Chinese state media called the arrest an unjustified provocation and an attack on Meng’s human rights. The Foreign Minister said it would not stand foreign governments “bullying” its citizens. In what’s believed to be a retaliatory move, Canadian national Michael Korvig — a former diplomat working in Beijing — is reported by AFP to have been detained by the Chinese government.

On a broader scale, the scuffle has led to some fear that US-China trade negotiations could be spoiled at a time when the relationship is especially acrimonious. President Donald Trump told Reuters that he could hold the Department of Justice investigation if it could help his bargaining on national security or economic issues with President Xi Jinping.

You May Also Like
iPhone 12
Pocketnow Daily: 5G iPhone 12 vs LTE iPhone 12 – What would you pick? (video)
On today’s Pocketnow Daily, we talk about the possible features and prices of the iPhone 12, the cameras in the OnePlus Nord and more
OnePlus Nord
Qualcomm confirms the chipset used on the OnePlus Nord
Qualcomm has gone ahead and confirmed the SoC details for the device.
Samsung Galaxy Watch 3
Samsung Galaxy Watch 3 could be launched before the Galaxy Note 20 series
Samsung Galaxy Watch 3 has been buzzing the rumor mill lately. The…