There's Actually Some Good News For Huawei Coming Out Of The US
A key figure targeted by the US government in its legal crackdown on Chinese telecom giant Huawei is officially off the hook. The prosecutors' latest move ends a decade-long saga in which the company's chief financial officer was arrested in Canada and threatened with extradition to its southern neighbor to face fraud charges related to breaching financial sanctions.
The government is trying to drop several civil and criminal charges against Meng Wanzhou, CBC reports.
Meng was arrested in Canada in 2018 on charges of defrauding creditors to expand his Huawei business, which would violate US trade sanctions against Iran. China soon arrested two Canadians in what it described as retaliation for the United States' strained relationship with Canada, including drug trafficking and espionage. Prosecutors reached a plea deal with Meng in September 2021, allowing him to go home and stay on the course in exchange for his guilty plea.
Meng's request to drop the charges comes four years after his first arrest in British Columbia.
Suffering from import bans, Huawei is far from releasing the best Android it has to offer. To make matters worse, he'll face multiple charges of conspiracy and conspiracy to steal a trade secret, though his trial is still months away.
In the process, the United States was more successful in its counterattack against Huawei, seen as a threat to national security, and raised global concerns by persuading the allied governments of Canada, Britain, Australia and New Zealand to share intelligence. New Zealand will ban the use of Huawei equipment in its next generation mobile networks. European Union member states followed suit, drastically reducing one of the company's most important sources of foreign revenue.
If you want to read more over the weekend, Politico has details on Huawei leaving mainland Europe and where it hopes to return.