Arrested Huawei CFO makes appearance in Canadian court as USA seeks extradition

Meng Wanzhou Executive Board Director at Huawei Attends the Vtb Capital's 'Russia Calling' Investment Forum in Moscow Russia on Oct. 2 2014. A Canadian prosecutor said on Dec. 7 2018 Meng faces charges for using 'fraud' to try

Freeland reiterated what Prime Minister Justin Trudeau said Thursday: that Meng's arrest was part of an independent legal process that is separate from politics.

Speaking at a news conference in Milan, Lavrov said the detention showed how Washington imposes its laws beyond its jurisdiction.

Huawei CFO Meng Wanzhou, daughter of the company's founder, was arrested last Saturday in Canada. Meng is also accused of using an unofficial subsidiary to evade USA sanctions on Iran from 2009 to 2014.

A top Chinese telecommunications executive facing possible extradition to the United States appeared in court Friday as she sought bail in a case that has rattled markets and raised doubts about the USA being able to reach a truce in its trade war with China.

Meng's lawyer, David Martin, disputed the prosecutor's call to deny bail, saying, "The fact a person has worked hard and has extraordinary resources can not be a factor that would exclude them from bail".

"If you have infinite resources, the value of pledges diminishes", the lawyer representing Canada's attorney general said. The lawyer also proposed that Meng could be electronically monitored to ensure she does not take flight. A Canadian official authorized her arrest in November.

"The Chinese government should seriously mull over the USA tendency to abuse legal procedures to suppress China's high-tech enterprises", said the nationalist tabloid Global Times in an editorial.

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The cost of the plan will be outlined in next year's budget, Horgan said, and officials said it will be fully funded. Some of this can be accomplished by increasing the amount of renewable fuel that is blended with liquid fuels.

Stevenson still critical, too early for long-term prognosis: doctors
Stevenson underwent surgery on the night of Saturday to Sunday and has since been admitted to the intensive care unit", Dr. Stevenson's promoter Yvon Michel said on Sunday the boxer's condition had "gone from critical to stable".

US stocks sharply higher on US-China trade truce; oil surges
Against the dollar, the pound fell to its lowest since October at US$1.2708, down almost 0.7 per cent from the day's highs. Another major shift was the dollar weakening against the other major world currencies again.

A woman walks by a Huawei logo at a shopping mall in Shanghai, China on December 6, 2018. She was named to the company's board in 2011 and named one of four vice chairs this past March.

Huawei is the most prestigious tech company in China and was founded by Meng's father, Ren Zhengfei.

"[Huawei] is essentially under the control of the Chinese government", former chief of the Canadian Security Intelligence Service Ward Elcock told CBC.

In the UK, BT Group announced this month it is removing Huawei equipment from its 3G and 4G mobile operations, and will not be using Huawei technology in its 5G network.

A recent article from the newspaper The Australian says that officials in Australia have received reports about Chinese spies using Huawei to infiltrate a "foreign network".

The heads of six USA intelligence agencies, including the CIA, FBI, and NSA, have warned against using Huawei products due to security concerns.

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