Chinese state media says U.S. is trying to contain Huawei

Chinese state media says U.S. is trying to contain Huawei

A prosecutor disclosed that Meng was wanted by the United States for allegedly deceiving financial institutions about the relationship between Huawei and another tech company, SkyCom, based in Hong Kong, that is alleged to have sold US -manufactured technology to Iran, in violation of USA trade sanctions.

The country's justice department argued at today's hearing that she should not be granted bail as she has motivation to flee from Canada and seek protection from prosecution.

"Meng being released on $1 million bail would be like asking upper middle class Canadian family to cough up $136", she paraphrased the Crown as explaining, before noting that Meng's "father has a net worth of $3.2bn".

As China pressures Canada to release her, the detention has also created domestic political fissures with opposition parties expressing frustration over a lack of information from the federal government.

Meng is being accused of violating USA sanctions against Iran and deceiving banks to do so, and faces extradition to the US.

Dressed in a dark green sweatshirt and sweatpants, she shook hands with her lawyer, David Martin, and smiled at him after she was led into B.C. Supreme Court by a sheriff.

The latest flare-up with Huawei comes after Meng's arrest last Saturday, which experts say marks a tougher stance in Washington on dealing with Chinese tech firms, amid longstanding concerns over cyberespionage.

President Donald Trump did not know about plans to arrest a top executive at Chinese telecoms giant Huawei in Canada, two United States officials said on Thursday, in an apparent attempt to stop the incident from impeding crucial trade talks with Beijing.

The U.S. sees Huawei and smaller Chinese tech suppliers as possible fronts for Chinese spying and as commercial competitors.

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"As the company's vice president and chief financial officer, Meng Wanzhou would have been the one who signed off on all documents", Ming said.

Earlier this week, Canadian officials said Ottawa was continuing to review Huawei's technology for use in upcoming fifth generation networks.

Influential tabloid the Global Times, published by the ruling Communist Party's People's Daily, said that the United States was "resorting to a despicable rogue's approach as it can not stop Huawei's 5G advance in the market". The lawyer also proposed that Meng could be electronically monitored to ensure she does not take flight. Moreover, US authorities believe that Huawei's top managers began avoiding travel to the US around April 2017 after becoming aware of the US criminal probe.

In January 2013, Reuters reported that Skycom, which attempted to sell embargoed Hewlett-Packard computer equipment to Iran's largest mobile-phone operator, had much closer ties to Huawei than previously known.

Trump did not know about the arrest in advance, two US officials said on Thursday.

"But one thing that is undoubtedly true and proven is the United States is trying to do whatever it can to contain Huawei's expansion in the world simply because the company is the point man for China's competitive technology companies", it said. She's likely his heir apparent.

Meng, who also goes by the names Cathy and Sabrina, is not only Huawei's CFO but also its deputy chair of the board of directors and its founder's eldest daughter.

Australia and New Zealand have already said they will not use Huawei for 5G networks.

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