The United States filed charges against China’s telecom giant Huawei with allegations of stealing trade secrets from an American rival and committing bank fraud in violation of the sanctions against Iran on Jan. 28.
On Jan. 22, according to Canadian newspaper the Globe and Mail, the United States will proceed with the formal extradition of Meng Wanzhou, CFO of Huawei, from Canada, which is expected to add more tension to the matter.
Ren Zhengfei, founder of Huawei and father of Meng, stepped into the spotlight on Jan. 17 to shed light on the recent turn of events involving the Chinese tech giant.
Meng Wanzhou, CFO of Chinese tech giant Huawei, has been granted bail at 10 million Canadian dollars under the condition of 24-hour surveillance while awaiting extradition to the United States from Canada.
The arrest of Huawei‘s Global CFO Meng Wanzhou in Canada exploded on China’s social media giant Weibo on Dec.6. It broke the peace of a weekday morning, as well as the short-lived peace between China and U.S.