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The Chinese executive arrested in Canada at the request of the United States appeared Friday (7) in a Vancouver court.
For the first time, the Canadian court announces the charges brought against Huawei's chief financial officer, Meng Wanzhou. The executive will answer for fraud. The relationship between Huawei and Skycom has been fooled by financial institutions.
According to the surveys, the two companies belong to the same group. Skycom has done business with Iran, regardless of US sanctions. If Meng Wanzhou is sentenced, the sentence can reach 30 years in prison.
The Chinese government demands the immediate release of Wanzhou. And the country's press says that Americans are trying to smother Huawei to end China's competition in the mobile phone market.
The New York Stock Exchange closed more than 2% of investors. Investors fear that the truce in the trade war negotiated by the US and Chinese presidents will materialize.
In social networks, this Friday (7), President Donald Trump said that "the negotiations with China are going very well."
The Canadian government has stated that the imprisonment of the executive was not motivated by political reasons. The White House said Trump was not even aware of the case. But the Russian Foreign Minister said that the arrest bore witness to the arrogance of the US government. The Japanese government has decided to follow the example of other countries and stop buying Huawei products.
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