huawei cfo gets bail china detains excanadian diplomat
Last Updated : GMT 11:59:16
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 11:59:16
Egypt Today, egypt today

Huawei CFO gets bail; China detains ex-Canadian diplomat

Egypt Today, egypt today

Egypt Today, egypt today Huawei CFO gets bail; China detains ex-Canadian diplomat

Meng Wanzhou
Columbia - Egypt Today

A Canadian court granted bail on Tuesday to a top Chinese executive arrested at the United States’ request in a case that has set off a diplomatic furor among the three countries and complicated high-stakes US-China trade talks.

Hours before the bail hearing in Vancouver, China detained a former Canadian diplomat in Beijing in apparent retaliation for the Dec. 1 arrest of Meng Wanzhou, chief financial officer of Chinese telecommunications giant Huawei and daughter of the company’s founder.

After three days of hearings, a British Columbia justice granted bail of $10 million Canadian ($7.5 million) to Meng, but required her to wear an ankle bracelet, surrender her passports, stay in Vancouver and its suburbs and confine herself to one of her two Vancouver homes from 11 p.m. to 6 a.m.

The decision was met with applause in the packed courtroom, where members of Vancouver’s Chinese community had turned out to show support for Meng.
Amid rising tension between China and Canada, Canadian Public Safety Minister Ralph Goodale confirmed Tuesday that a former Canadian diplomat had been detained in Beijing. The detention came after China warned Canada of consequences for Meng’s arrest.

“We’re deeply concerned,” Goodale said. “A Canadian is obviously in difficulty in China. ... We are sparing no effort to do everything we possibly can to look after his safety.”

Michael Kovrig, who previously worked as a diplomat in China and elsewhere, was taken into custody by the Beijing Bureau of Chinese State Security on Monday night during one of his regular visits to Beijing, said the International Crisis Group, for which Kovrig works as North East Asia adviser. His employer said it had received no information about him since his detention.

Canada had been bracing for retaliation for Meng’ arrest. The Canadian province of British Columbia canceled a trade mission to China amid fears China could detain Canadians to put pressure on Ottawa over Meng’s detention.

 “In China there is no coincidence,” Guy Saint-Jacques, a former Canadian ambassador to China, said of Kovrig’s detention. “Unfortunately Canada is caught in the middle of this dispute between the USand China. Because China cannot kick the US they turn to the next target.”

Earlier in the day, China vowed to “spare no effort” to protect against “any bullying that infringes the legitimate rights and interests of Chinese citizens.”
Chinese Foreign Minister Wang Yi didn’t mention Meng by name. But ministry spokesman Lu Kang said Wang was referring to cases of all Chinese abroad, including Meng’s.

Washington accuses Huawei of using a Hong Kong shell company to sell equipment to Iran in violation of US sanctions. It says Meng and Huawei misled banks about the company’s business dealings in Iran.

On Tuesday, US State Department spokesman Robert Palladino told reporters in Washington “the charges against Meng pertain to alleged lies to United States financial institutions” about Huawei’s business dealings in Iran.

“It is clear from the filings that were unsealed in Canada, Meng and others are alleged to have put financial institutions at risk of criminal and civil liability in the United States by deceiving those institutions as to the nature and extent of Huawei’s business in Iran,” Palladino said.

Meng has denied the US allegations through her lawyer in court, promising to fight them if she is extradited to face charges in the United States.

“We have every confidence that the Canadian and US legal systems will reach a just conclusion in the following proceedings,” Huawei said in a statement.

“As we have stressed all along, Huawei complies with all applicable laws and regulations in the countries and regions where we operate, including export control and sanction laws of the UN, US, and EU. We look forward to a timely resolution to this matter.”

Huawei, the biggest global supplier of network gear for phone and Internet companies, is the target of US security concerns. Washington has pressured other countries to limit use of its technology, warning they could be opening themselves up to surveillance and theft of information.

The US and China have tried to keep Meng’s case separate from their wider trade dispute and suggested Tuesday that talks to resolve their differences may resume

But President Donald Trump undercut efforts to distinguish between trade talks and the Huawei case. In an interview with Reuters, he said Tuesday that he would consider intervening in the Justice Department’s case against Meng if it would be in the interest of US national security or help forge a trade deal with Beijing.

Roland Paris, a former foreign policy adviser to Canadian Prime Minister Justin Trudeau, called Trump’s comments troubling.
“Canada is acting in good faith, according to the law, in response to a US extradition request,” Paris tweeted.

The Chinese government said its economy czar had discussed plans with US Treasury Secretary Steven Mnuchin and Trade Rep. Robert Lighthizer for talks aimed at settling the two countries’ differences. Lighthizer’s office confirmed he had spoken by phone with Chinese Vice Premier Liu He.
The news that trade negotiations may resume lifted stock markets around the world.

The United States has slapped tariffs on $250 billion in Chinese imports in response to complaints Beijing steals American technology and forces US companies to turn over trade secrets.

Tariffs on $200 billion of those imports were scheduled to rise from 10 percent to 25 percent on Jan. 1. But Trump agreed to postpone those by 90 days while the two sides negotiate.

From :Arabnews

 

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

huawei cfo gets bail china detains excanadian diplomat huawei cfo gets bail china detains excanadian diplomat



Egypt Today, egypt today Modern colorful bedroom renovation

GMT 12:15 2017 Thursday ,21 December

Modern colorful bedroom renovation
Egypt Today, egypt today Paris Fashion Week: John Galliano goes co-ed on the catwalk
Egypt Today, egypt today For the Variety of Interior Design Styles

GMT 22:35 2017 Tuesday ,19 December

For the Variety of Interior Design Styles

GMT 13:03 2017 Saturday ,11 November

Mercedes-Benz S-Class remains

GMT 10:44 2013 Wednesday ,26 June

Israeli soldiers arrest 6 Palestinians in West Bank

GMT 15:16 2011 Tuesday ,01 November

Russians on trial over exorcism killing of daughter

GMT 13:44 2016 Saturday ,10 September

Dustin Johnson shares PGA BMW Championship lead

GMT 01:46 2017 Saturday ,07 January

2016: The headlines beyond the election

GMT 10:58 2017 Monday ,30 January

World handball championship results

GMT 17:31 2018 Tuesday ,16 January

Tycoon-led Czech cabinet loses confidence vote

GMT 20:31 2018 Monday ,08 January

UK minister resigns after rejecting PM's reshuffle

GMT 09:18 2018 Wednesday ,03 January

China factory activity accelerated in December: Caixin

GMT 12:07 2015 Wednesday ,25 February

Christopher Kane opens London flagship

GMT 12:47 2017 Thursday ,09 February

Furyk adjusts selection criteria for US Ryder Cup team

GMT 06:13 2015 Tuesday ,25 August

Bourjois unveils new make-up launches

GMT 06:37 2017 Friday ,18 August

Egypt-Press-Headlines

GMT 08:51 2017 Wednesday ,12 July

Int'l date exhibition to be held in New Valley

GMT 21:21 2017 Monday ,21 August

Saudi Arabian Airlines' planes not allowed to land

GMT 14:17 2018 Friday ,07 December

Over 60% of Russians use Internet every day

GMT 11:00 2018 Monday ,12 November

Putin says had chance to speak with Trump

GMT 13:44 2018 Friday ,02 November

Yemen's rebels fire missile at Saudi border camp

GMT 11:15 2013 Monday ,15 July

Foreign exchange rates in Hong Kong

GMT 06:34 2015 Thursday ,22 January

India's Suzlon sells German unit to raise €1bn
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday