Meng Wanzhou: What are the consequences of her detention?

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The arrest of the senior Chinese electronics leader was for alleged violation of US sanctions on Iran

Meng Wanzhou: What are the consequences of her detention?

After the arrest a few days ago of Huawei Vice President, Meng Wanzhou, there are many negative consequences on this matter. In LatinAmerican Post we review the possible consequences of the event, raised in Vancouver, Canada.

Leer en español: Meng Wanzhou ¿Cuáles son las consecuencias de su detención?

The Canadian prosecutor's office formally requested an extradition order to the US on Friday, to the Vice President of Chinese electronics, Wanzhou, for using a subsidiary in Hong Kong to secretly sell Hewlett Packard material to Iran. Thus, the Chinese government demands her freedom and threatens to endanger the recent trade agreements between Washington and Beijing. Now, the company trusts the justice of Canadian legal systems, according to ABC.

The charges against Meng date from ten years ago, when US sanctions against Iran were in full swing. ABC, adds that through Skycom, US prosecutors believe that Huawei wanted to sell material for up to one million euros to the main Iranian telephone operator. In the United States, the charges against him carry a maximum prison sentence of 30 years.

You may want to read: USA vs China: How does the trade war change with the new tariffs?

She was targeted

Meng was arrested at the Vancouver airport on Saturday on a scale from Hong Kong to Mexico. Even though your son studies in the USA, the detainee does not visit this country since March 2017. Prosecutors believe that she has fled from justice, because she knew that she could be detained in relation to this investigation, tells ABC in another article.

Meng had already been warned of her arrest since last August by a court in New York, for false statements regarding the link between Huawei and Skycom. She is accused of an undeclared subsidiary of Huawei and of using banks such as HSBC for such operations.

The same portal clarifies that the North American public prosecutor has a maximum term of 60 days to offer to the Supreme Court of British Columbia in Canada, the tests available on the presumed crimes of Meng, and the court, in turn, to decide the extradition. Huawei is the largest manufacturer of telecommunications equipment and aims to lead the implementation of 5G mobile technology in the world.

What will happen with the relationships with the United States?

For the newspaper El País, the arrest is today a serious threat to the negotiations between Washington and Beijing, following the cessation of Donald Trump from the commercial war. The White House revealed that the US president learned of the extradition request of the New York court in the G-20 and while dining with Chinese President Xi Jinping.

The National Security Advisor US. UU., John Bolton, said in a telephone interview that "concerns for a long time the practice of Chinese companies to steal intellectual property to improve their technology."

Therefore, it is believed that tensions between the United States and Beijing could return, despite recently signing a truce in its trade war, if the leader is not released as requested by his country. The truth is that the fight for the control of global technological development in the coming years looks very intense between these two world powers.

The country insists that the risk of the Wanzhou issue complicate the trade war between China and the United States, has caused falls in international markets, such as Wall Street, which lost 3% two days after the arrest of the Huawei leader. Remember the same means that the protection of the national technological industry is a priority for Trump. For several years, Washington has shown its reservations to the use of the Huawei brand for alleged espionage, which, in turn, has generated the clogging of the Chinese brand in that country.

LatinAmerican Post | Onofre Zambrano

Translated from: 'Meng Wanzhou ¿Cuáles son las consecuencias de su detención?'

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