Huawei executive Meng Wanzhou appears in Canadian court

Huawei executive Meng Wanzhou appears in Canadian court

Huawei executive Meng Wanzhou appears in Canadian court

The arrest of one of China's leading tech executives by Canadian police for extradition to the United States has unleashed a combustible torrent of outrage and alarm among affluent and influential Chinese, posing a delicate political test for President Xi Jinping and his grip on the loyalty of the nation's elite.

Meng appeared before a packed court room and spoke to her lawyers through a translator.

"If the US makes an example of Huawei, the conservative nationalist forces in China and also the military will be very unhappy, and that will make it even more hard to make compromises with the United States", he said. It also says that Meng and Huawei misled American banks about its business dealings in Iran.

Gibb-Carsley told the B.C. Supreme Court hearing that Reuters reported in 2013 that Huawei was operating Skycom and had attempted to import usa -manufactured computer equipment into Iran in violation of sanctions.

Huawei said on Wednesday that "the company has been provided very little information regarding the charges and is not aware of any wrongdoing by Ms. Meng".

Fears of renewed US-China trade hostilities have rattled global financial markets. Two of the sources said that technically Skycom was controlled by Iranians to comply with local law but that it effectively was run by Huawei.

"Skycom was Huawei. This is the crux of the alleged misrepresentation".

USA officials are seeking her extradition so she can be prosecuted in the US on fraud charges, the prosecutor said.

"The Chinese obviously are not happy that this woman was grabbed at the airport in Vancouver, but they also recognize that there [were] judicial proceedings in the USA, that there was an worldwide mandate to grab her that had been issued", Ken Courtis chairman, Starfort Holdings told BNN Bloomberg in an interview on Friday.

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Chinese Foreign ministry spokesman Geng Shuang said yesterday that neither Canada nor the United States had provided China any evidence that Meng had broken any law in those two countries, and reiterated Beijing's demand that she be released.

"Obviously, Washington is resorting to a despicable rogue´s approach as it can not stop Huawei´s 5G advance in the market", it went on.

Meng was arrested in Canada on December 1 at the request of the United States. All security costs would be borne by her.

He also outlined the Byzantine structure and what he called a constantly changing nature of USA sanctions against Iran. Even though the North American neighbors have a longstanding treaty governing extradition, it can take months, even years, for a defendant to be handed over, if at all. The court heard Meng´s husband Xiaozong Liu owns two mansions in the city.

"China plays rough. We need to be on our guard and need to be aware that we're going into a very hard period with China", said David Mulroney, Canada's former ambassador to China.

Meng's detention also raised concerns about potential retaliation from Beijing in Canada, where Prime Minister Justin Trudeau sought to distance himself from the arrest. A Canadian judge had thrown a gag order over the case, banning reporting on the details.

Meng, who also goes by the first name Sabrina, is one of four deputy chairs listed on the Huawei website and one of three women to sit on the Huawei board.

There are exemptions for telecom equipment in United States sanctions against Iran, he argued.

"We've had obligations that we've had to meet with the Canadian government and we've always met them, as has Huawei", Mr. Cope said, adding that BCE does not use Huawei equipment in its core network, "so I'm relaxed about it".

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Bush "was a great friend of Canada, and he made very important things possible for Canadian history", Mulroney said. In 2011, Bush was honoured with the Presidential Medal of Freedom by President Barack Obama .

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