China Calls For Release of Arrested Huawei CFO Detained In Canada

China is demanding the release of a senior executive at Huawei after she was detained in Canada on extradition charges to the U.S. Wanzhou Meng, who is also the deputy chair of Huawei's board and the daughter of company founder Ren Zhengfei, is suspected of violating U.S. trade sanctions against Iran. NBC News reports: The arrest of Meng Wanzhou, chief financial officer and daughter of the company's founder Ren Zhengfei, spooked investors with U.S. stocks tumbling on fears of a flare-up in Chinese-U.S. tensions. She was arrested in Vancouver, British Columbia, on Dec. 1. China's Ministry of Foreign Affairs said officials have been contacted both in the U.S. and Canada to demand Meng's release. Geng Shuang, a spokesman for the ministry, said her detention needed to be explained, and both countries had to 'effectively protect the legitimate rights and interests of the person concerned.' A spokesperson for Huawei said in a statement that it 'complies with all applicable laws and regulations where it operates, including applicable export control and sanction laws and regulations.'

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