Canada on Saturday arrested Meng Wanzhou, Huawei's global chief financial officer and the daughter of the firm's founder, in Vancouver. China’s embassy in Canada criticized Canada and the United States for the arrest. 'China has already made solemn representations to the United States and Canada, demanding they immediately correct their wrong behavior and restore Ms Meng Wanzhou’s freedom.' 'She is sought for extradition by the United States, and a bail hearing has been set for Friday. ZTE is China’s second-largest telecommunications equipment maker and relies on U.S. components for its smart phones and networking equipment.

Source: Daily Mail December 06, 2018 00:45 UTC