Huawei still fighting for 'survival' as Meng Wanzhou returns to corporate stage


Source: cnn.com cnn.com

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Hong Kong (CNN Business) Meng Wanzhou, the senior Huawei executive whose detainment in Canada became a flashpoint of US-China tensions, returned to the corporate stage Monday as sanctions continue to slam its business. The chief financial officer's first appearance since her release came at an earnings presentation in Shenzhen where she took questions from reporters. The Chinese tech giant said that it made 636.8 billion yuan ($99.9 billion) in revenue in 2021, down nearly 29% from the previous year. "We managed to survive 2021," the company's rotating chairman, Guo Ping said. "[But] our fight to survive is not over yet."...