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Huawei's Meng Wanzhou 'to be freed' in US deal Huawei's Meng Wanzhou 'to be freed' in US deal
(32 minutes later)
A deal has been reached to free a senior executive of Chinese technology giant Huawei being held in Canada on US fraud charges, according to media reports. A Chinese technology executive held in Canada on US fraud charges could be freed as early as Friday after the US government said it would submit a "resolution" to the case against her.
Meng Wanzhou was detained nearly three years ago in Vancouver at the request of US authorities, sparking an international row. Meng Wanzhou, chief financial officer of Huawei, was detained in December 2018 at the request of the US.
She is expected to make a virtual appearance in a US court shortly.She is expected to make a virtual appearance in a US court shortly.
The incident has strained China's relations with the US and Canada. The case sparked an international row, straining China's relations with the US and Canada.
If the charges against her are dropped, her extradition case in Canada will be thrown out and she could be free as early as Friday. It has been the subject of intense negotiations between US and Chinese diplomats.
On Friday the US Department of Justice said it would submit, along with lawyers for Ms Meng, a "resolution" to the case.
If the charges against her are dropped, her extradition case in Canada will be thrown out and she could be freed almost immediately.
The US alleges Ms Meng misled the bank HSBC over the true nature of Huawei's relationship with a company called Skycom, putting the bank at risk of violating US sanctions against Iran.The US alleges Ms Meng misled the bank HSBC over the true nature of Huawei's relationship with a company called Skycom, putting the bank at risk of violating US sanctions against Iran.
Her case has been the subject of intense negotiations between US and Chinese diplomats.
The PowerPoint that sparked an international rowThe PowerPoint that sparked an international row
Meng Wanzhou: Trapped in a gilded cageMeng Wanzhou: Trapped in a gilded cage
The life of Huawei's high-flying heiressThe life of Huawei's high-flying heiress
Ms Meng joined the company in 1999 and became its chief finance officer (CFO) in 2011.Ms Meng joined the company in 1999 and became its chief finance officer (CFO) in 2011.
She is the elder daughter of billionaire Ren Zhengfei, who set up Huawei in 1987, building it up to become one of the biggest technology firms in the world.She is the elder daughter of billionaire Ren Zhengfei, who set up Huawei in 1987, building it up to become one of the biggest technology firms in the world.
He served in the Chinese army for nine years, until 1983, and is also a member of the Chinese Communist Party.He served in the Chinese army for nine years, until 1983, and is also a member of the Chinese Communist Party.
Huawei has faced accusations that the Chinese authorities could use its equipment for espionage - allegations it denies.Huawei has faced accusations that the Chinese authorities could use its equipment for espionage - allegations it denies.
In 2019, the US imposed sanctions on Huawei and placed it on an export blacklist, cutting it off from key technologies.In 2019, the US imposed sanctions on Huawei and placed it on an export blacklist, cutting it off from key technologies.
The UK, Sweden, Australia, Japan have also banned Huawei, while other countries including France and India have adopted measures stopping short of an outright ban.The UK, Sweden, Australia, Japan have also banned Huawei, while other countries including France and India have adopted measures stopping short of an outright ban.
A few days after Ms Meng was arrested, China detained two Canadian citizens, Michael Spavor and Michael Kovrig, on suspicion of spying.A few days after Ms Meng was arrested, China detained two Canadian citizens, Michael Spavor and Michael Kovrig, on suspicion of spying.
Critics have accused China of treating them as political bargaining chips, held as part of what is known as "hostage diplomacy". China denies this.Critics have accused China of treating them as political bargaining chips, held as part of what is known as "hostage diplomacy". China denies this.
For months there have been extensive behind-the-scenes contacts, with senior Huawei executives sent to Washington by the company to try to resolve a case which has fuelled international tension.For months there have been extensive behind-the-scenes contacts, with senior Huawei executives sent to Washington by the company to try to resolve a case which has fuelled international tension.
For Huawei's boss, the issue has been deeply personal, with his daughter being held, but for the whole of China it has also turned into a major cause of anger. It has also poisoned relations between China and Canada, with the latter believing two of its citizens, Michael Kovrig and Michael Spavor, have been held as pawns in the negotiations.For Huawei's boss, the issue has been deeply personal, with his daughter being held, but for the whole of China it has also turned into a major cause of anger. It has also poisoned relations between China and Canada, with the latter believing two of its citizens, Michael Kovrig and Michael Spavor, have been held as pawns in the negotiations.
A deal has the ability to reduce some of the tensions that have emerged. But there will still be questions - what does the US gain out of it? And what kind of link might there be between events in North America and the status of the two Michaels in China?A deal has the ability to reduce some of the tensions that have emerged. But there will still be questions - what does the US gain out of it? And what kind of link might there be between events in North America and the status of the two Michaels in China?
Last month, a Chinese court convicted Michael Spavor, a businessman, of espionage and sentenced him to 11 years in prison.Last month, a Chinese court convicted Michael Spavor, a businessman, of espionage and sentenced him to 11 years in prison.
Canada condemned the sentence, saying his trial did not satisfy even the minimum standards required by international law.Canada condemned the sentence, saying his trial did not satisfy even the minimum standards required by international law.
Ren Zhengfei described the arrest of his daughter Meng Wanzhou as politically motivated