Arrest of Huawei executive is 'a shot into the heart' of China's tech ambitions, analysts say
BEIJING - The arrest of a top executive at one of the most successful Chinese global companies threatens to upend a delicate detente between the U.S. and China in its monthslong trade war.
Meng Wanzhou, deputy chairwoman and chief financial officer of telecommunications giant Huawei, was arrested Saturday during a transit stop at an airport in Vancouver, Canada, and could face possible extradition to the U.S. and an appearance in federal court in New York.
A U.S. law enforcement official, who was not authorized to discuss the case by name, said the case against Meng involves violations of U.S. sanctions against Iran. Another U.S. official described the violations as serious. Neither official provided specifics.
The arrest comes at a sensitive time as Washington and Beijing aim to strike a trade deal before March 1. Now any agreement has to overcome what will undoubtedly be viewed as a provocation in the eyes of China's leadership given Huawei's
