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Huawei CFO bail hearing set to wrap today
- Tuesday | 11th December, 2018
Huawei Chief Financial Officer Meng Wanzhou was arrested by Canadian authorities on Dec. 1 at the request of the United States. Tuesday will be the third day of bail hearings in a British Columbia court, with China criticizing her continued detention and demanding her immediate release. BEIJING WARNS ON “BULLYING”The arrest has roiled markets over fears it will exacerbate tensions between the United States and China in trade negotiations that both sides have agreed must be concluded by March 1. (Reporting by Julie Gordon in Vancouver; Additional reporting by Ben Blanchard in Beijing; Editing by Stephen Coates and Muralikumar Anantharaman)Likes Huawei is the world’s largest supplier of telecommunications network equipment and second-biggest maker of smartphones, with revenue of about $92 billion last year.
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