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Arrest of tech exec signals tougher US stand on China tech firms

The arrest of a top executive of tech giant Huawei at the request of US authorities signals a toughening stand in Washington on dealing with Chinese tech firms amid longstanding concerns over cyberespionage.

Meng Wanzhou, Huawei’s chief financial officer, was detained this week in Canada and faces an extradition request from US authorities over an investigation into suspected Iran sanctions violations by the Chinese technology giant.

Meng is the daughter of company founder Ren Zhengfei, a former Chinese People’s Liberation Army engineer. China’s embassy in Canada issued a strong protest saying Meng was “not violating any American or Canadian law.”

The move is likely to e…
Technology News

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