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More countries threaten Huawei ban as arrest clouds US-China ties

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Chinese Tech Exec Faces 30 Years in Prison in U.S., Canadian Prosecutor Says

Navarro said the arrest was the result of "the bad actions of Huawei", adding there was a "frightening" risk that the Chinese government could use the company's products for spying.

Trump's national security advisor John Bolton on Thursday told National Public Radio that he knew of the arrest.

Vancouver: Chinese telecom giant Huawei´s chief financial officer faces USA fraud charges related to sanctions-breaking business dealings with Iran, a Canadian court heard Friday, a week after she was detained on an American extradition request.

The case is the latest development in a surprising legal wrangle that raises doubts about whether a US-China trade cease-fire can hold.

Huawei operated Skycom as an "unofficial subsidiary", he said, adding that Skycom employees had Huawei email addresses and badges and former employees have said there was no distinction between the two companies.

Larry Kudlow, director of the White House's National Economic Council, told CNBC he did not believe Meng's arrest would "spill over" into the talks with China aimed at increasing Beijing's purchases of US farm and energy commodities, lowering Chinese tariffs and making sweeping changes to China's policies on intellectual property and technology transfers.

The arrest has roiled global markets amid fears that it could further inflame the Sino-US trade row.

Chinese state media accused the United States of trying to "stifle" Huawei and curb its global expansion.

United States intelligence agencies also allege that Huawei is linked to China's government and that its equipment could contain "backdoors" for use by government spies.

During her bail hearing, a prosecutor for the Canadian government said USA charges against her have to do with Huawei using an unofficial subsidiary to access the Iran market in dealings that would contravene US sanctions.

The hearing was to present arguments for and against releasing Ms Meng while her case proceeds.

"In a previous Sputnik interview, I explained the differences between a hard and soft bluff and in this instance, [Donald] Trump was doing the soft bluff, meaning requesting Beijing make necessary changes, so he would not have to implement higher tariffs at the start of 1 January, 2019".

Prashant Nayak, Disney's Asia Pacific director of corporate security, posted about the Singapore meeting on LinkedIn, tagging other executives at Google, Facebook, Amazon.com Inc, Marriot International Inc, Microsoft Corp and others.

It comes as heightened economic tensions between the U.S. and China seemed to be cooling - at least a little. "That was the case with other companies, and will continue to be the case".

Meng Wanzhou was arrested on Saturday while in transit at Vancouver's airport.

Washington also regards Beijing's ambitious long-term development plan, "Made in China 2025", as a scheme to dominate such fields as robotics and electric vehicles by unfairly subsidizing Chinese companies and discriminating against foreign competitors.

Some have noted that USA tech executives would be wise to avoid traveling to China over the next two weeks, out of concern that they might get caught up in the tug of war over Huawei.

Huawei's affordable smartphones have made strong inroads in the developing world, but the company has faced repeated setbacks in major Western economies over security concerns.

In a statement earlier this week, Huawei said the company complies with all laws and regulations in the countries where it operates, including applicable export control, sanction laws and regulations of the United Nations, the United States and the European Union. ZTE paid a US$892 million (RM3.71 billion) penalty.

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