Tokyo will ban government purchases of Huawei, ZTE gear

Chinese officials blasted Meng's arrested, and experts warned more forceful actions could be coming.

Meng Wanzhou, the chief financial officer of Huawei Technologies Co.

The news of Meng's arrest has roiled global stock markets on fears it could escalate a trade war between the United States and China after a truce was agreed last week between President Donald Trump and China's leader Xi Jinping. The Trump administration says they benefit from improper subsidies and market barriers.

Le said Meng's detainment was a serious breach of her rights, as it "ignored the law", was "unreasonable", and "extremely nasty".

"These are organizations, ultimately, tightly tied to the Chinese security apparatus, and we think there are some real, serious issues there", Harper said.

SkyCom's alleged sanctions breaches occurred from 2009 to 2014, according to AFP.

Official details on the reasons for Meng's arrest have been slim, with the Star Vancouver reporting that U.S. authorities believe that Meng knew that a company called SkyCom, which did business with Iran while the country was under worldwide sanctions, was a subsidiary of Huawei until at least 2014. Will Meng's arrest derail the 90 day U.S. "And he has assured China that due process is absolutely being followed in Canada and consular access for China to Ms. Meng will be provided, and that we are a rule-of-law country, and we will be following our laws as we have thus far in this matter, and as we will continue to do". There has been a cacophony of commentary in the press and social media on both sides of the Pacific.

A spokesman for Huawei had no immediate comment on the case against Meng on Friday.

China has demanded the chief financial officer's release and labeled her detention a "gross violation of human rights".

"The Chinese are well aware of John's seniority", she said.

If extradited to the US, she could face charges of "conspiracy to defraud multiple financial institutions", which holds a "maximum sentence of 30 years for each charge", Reuters reported.

A prosecutor disclosed that Meng was wanted by the United States for allegedly deceiving financial institutions about the relationship between Huawei and another tech company, SkyCom, based in Hong Kong, that is alleged to have sold USA -manufactured technology to Iran, in violation of US trade sanctions.

The US alleges that Huawei used a Hong Kong shell company to sell equipment in Iran in violation of USA sanctions.

Chinese state media have argued that the United States was abusing the law to hurt Huawei's worldwide reputation.

Does Huawei concern the West?

Japan plans to ban government use of telecoms products made by Huawei and ZTE on concerns they pose a national security risk, Japan's Yomiuri Shimbun newspaper reported on Friday.

FILE - A salesclerk looks at his smartphone in a Huawei store at a shopping mall in Beijing, July 4, 2018.

The company faces being shut out of Australia, New Zealand and USA 5G rollouts, and British telecom group BT revealed on Wednesday it was removing Huawei equipment from its core cellular network. New Zealand also said it will not use Huawei equipment for its 5G network, a statement echoed by Australia.

Although there are some waivers, US Treasury Secretary Steven Mnuchin has said the US will "aggressively" target any firm or organisation "evading our sanctions".

  • Jon Douglas