Can Huawei survive an onslaught of bans and restrictions abroad?

MENG WANZHOU did not seek the spotlight. The daughter of Ren Zhengfei, founder of Huawei, one of China’s biggest technology firms, she started as a receptionist and worked her way up over 25 years to become chief financial officer. In a culture which makes celebrities of businesspeople, she has kept a fairly low profile.

But on December 5th the spotlight found her. Canadian police said she had been arrested four days earlier in Vancouver, en route to Mexico. The Canadians were acting on behalf of the American authorities, who accuse Ms Meng—and other Huawei staff—of fraud connected to dodging sanctions on Iran, and are seeking her extradition. Both Ms Meng (pictured above) and Huawei deny the charges. On December 11th a court in Vancouver granted her bail, subject to electronic monitoring.

Justin Trudeau, Canada’s prime minister, and Robert Lighthizer, America’s most senior trade official, have both insisted that...

via Business Feeds

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