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Meng Wanzhou

All articles tagged with #meng wanzhou

world19 days ago•5 min saved

Huawei Faces Landmark US Trial as Tech Rivalry Intensifies

US prosecutors in Brooklyn have charged Huawei with racketeering, money laundering, bank and wire fraud, sanctions violations, obstruction and conspiracy to steal trade secrets, alleging a two-decade scheme to steal technology and evade sanctions. Huawei denies the charges, saying the case targets competition rather than criminal conduct. The three‑month trial coincides with Xi Jinping’s Washington visit and underscores the broader US–China tech rivalry, including past cases like Meng Wanzhou and related European investigations.

via Al Jazeera|

#china-us-tech-rivalry #huawei #meng-wanzhou

business1 month ago•8 min saved

Huawei on Trial: Brooklyn Jury to Decide Charge of Racketeering and Sanctions-Evasion

A Brooklyn jury will hear US prosecutors’ case that Huawei operated as a racketeering enterprise over two decades, tying together an Iran sanctions‑evasion scheme, misrepresentations to banks and the theft of a T-Mobile robot arm. Meng Wanzhou is not on trial but looms as a key figure; Huawei denies the charges and argues the case fuses unrelated disputes. If convicted, the company could face large fines and tighter US banking scrutiny, highlighting the broader US‑China tech confrontation surrounding Huawei’s global rise.

via Financial Times|

#business #huawei-technologies #industrial-espionage

world8 months ago•7 min saved

Carney Seeks a China Reset as U.S. Stirs Up Uncertainty

Canadian Prime Minister Mark Carney travels to Beijing for a three‑day state visit to reboot Canada–China ties, pursue new trade deals, and press for tariff relief on canola and other goods as U.S. policy shifts push Canada to diversify; talks with Li Qiang and Xi Jinping will weigh economic opportunities against security and human‑rights concerns, with no tariff agreement expected during the trip.

via The New York Times|

#canada-china #canola-oil #diplomacy