Huawei executive arrested in Canada, angering China
SEE ALSO :Why Magufuli prefers Chinese aidChina's embassy in Ottawa demanded Meng's release. "The Chinese side firmly opposes and strongly protests over such kind of actions which seriously harmed the human rights of the victim," the embassy said in a statement. "The Chinese side has lodged stern representations with the US and Canadian side, and urged them to immediately correct the wrongdoing and restore the personal freedom of Ms Meng Wanzhou." Huawei said it was unaware of any wrongdoing by Meng and was provided "very little information" about the charges. "Huawei complies with all applicable laws and regulations where it operates, including applicable export control and sanction laws and regulations of the UN, US and EU," the company said in a statement.
SEE ALSO :US to sign free trade deal in ArgentinaThe ban nearly killed the Chinese tech company, which said it was forced to cease major operations in May. A month later, Washington and Beijing reached a deal that would strike ZTE from the sanctions list -- just days after China reportedly offered to ramp up purchases of American goods to help cut the yawning trade imbalance with the US. American officials denied any connection between the two. In exchange, ZTE agreed to pay a hefty $1 billion fine and put an additional $400 million in escrow in case of future violations. It was also ordered to replace its board of directors and retain outside monitors. The case showed that China is highly dependent on imports of US-made semiconductors or computer chips and reinforced Beijing's need to become self-reliant on this key technology. - Espionage worries - Huawei is one of the world's largest telecommunications equipment and services providers. But despite global success, its US business has been tightly constrained by worries it could undermine American competitors and that its cellphones and networking equipment, used widely in other countries, could provide Beijing with avenues for espionage. In May, the Pentagon said that devices from Huawei and ZTE posed an "unacceptable" security risk. Personnel on US military bases are banned from buying equipment manufactured by the Chinese tech firms. Over the summer, Australia barred Huawei from providing 5G technology for wireless networks in the country over espionage fears. New Zealand followed suit in November, but said the issue was a technological one. Britain's largest mobile provider too has joined the global ban on Huawei. On Wednesday, BT announced it was removing Huawei's telecommunications equipment from its 4G cellular network, following a warning from the head of MI6 foreign intelligence service that singled out the Chinese company as a potential security risk. Despite being essentially barred from the critical US market, Huawei surpassed Apple to become the world's number two smartphone maker in the second quarter of this year.