Huawei CFO Meng Wanzhou to Return to China Following Deal with US over Fraud Charges


Source: ibtimes.sg ibtimes.sg

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Huawei Chief Financial Officer Meng Wanzhou has reached an agreement with U.S. prosecutors to end the bank fraud case against her, officials said on Friday, a move that allows her to leave Canada, relieving a point of tension between China and the United States. The years-long extradition drama has been a central source of discord in increasingly rocky ties between Beijing and Washington, with Chinese officials signaling that the case needed to be dropped to help end a diplomatic stalemate between the world's top two powers. The deal also opens U.S. President Joe Biden up to criticism from China hawks...