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Canada has arrested Huawei’s global chief financial officer in Vancouver

theglobeandmail.com

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Re: Canada has arrested Huawei’s global chief financial officer in Vancouver

#31

Post by janzij »

amingilani wrote: post #25
dawhizkid wrote: post #12

Earlier quoted context omitted.

Did you read the article? US is alleging Huawei was shipping "U.S.-origin" products to Iran - probably U.S. made components for Huawei devices/technology. What "authority" do you need to ask for a favor from a friendly ally? Canada also has active economic sanctions against Iran.

Hi there, just want to remind you of the HN guidelines: Please don't insinuate that someone hasn't read an article. "Did you even read the article? It mentions that" can be shortened to "The article mentions that." I'm sure you forgot. We all make mistakes.

Please don't insinuate that someone hasn't read the HN guidelines.

Re: Canada has arrested Huawei’s global chief financial officer in Vancouver

#32

Post by tonyarkles »

comboy wrote: post #27
chapium wrote: post #10

Earlier quoted context omitted.

She allegedly broke US law and was in the territory of a country that shares an extradition treaty with the US.

How sure can I be if my company is not breaking any Chinese laws? Would it by fine if I get arrested for breaking those when I'm on a trip to Asia? I'm not saying that Huawei is innocent, I just agree with the downvoted comment that the situation seems ridiculous.

That is the risk you take! It's not without precedent. For example, https://en.wikipedia.org/wiki/United_States_v._Elcom_Ltd. Russian citizen working for a Russian company, comes to the US to give a talk and is arrested for violating the DMCA.

Re: Canada has arrested Huawei’s global chief financial officer in Vancouver

#34

Post by bilbo0s »

estsauver wrote: post #22

I would not look forward to being an American businessman abroad in China right now. I think we're all used to the fiction that we live in a world that's totally governed by fairness and laws. That's been a pretty useful fiction for a long time, and in (some) of the developed world that's basically been how it's worked. But I really wonder how many shocks this system can take. I would bet money that an important US e…

Unfortunately, this is a pretty safe bet. That's why I always recommend that if you are going to go to China to do business, you should go with the goal of making people over there extremely rich. This will give you some protection.

But yeah, if this is the game that the nations are going to play, then you don't want to be the poor schmuck sitting in a Chinese prison for 10 years just so they can make a point. It's probably time to start considering business models that allow you to operate at a distance from China. (Same with the smaller Chinese operators I guess? I mean, if I'm being fair. They should probably start considering models that don't require them to be in North America.)

If you're small, it's just a fact that this game is in danger of evolving beyond the capacity of your resources to play it.

Bottom line, whether you're Chinese or American, no one wants to start spending years on years in foreign prisons because they wanted to go to a foreign country to work for a few years. It's just not worth the risk.

Re: Canada has arrested Huawei’s global chief financial officer in Vancouver

#35

Post by largehotcoffee »

frabbit wrote: post #26
dawhizkid wrote: post #12

Earlier quoted context omitted.

Did you read the article? US is alleging Huawei was shipping "U.S.-origin" products to Iran - probably U.S. made components for Huawei devices/technology. What "authority" do you need to ask for a favor from a friendly ally? Canada also has active economic sanctions against Iran.

But Iran is a sovereign nation, bravely resisting US/Israeli attempts to turn the entire Middle East into a flaming hell pit. Surely Canada should have told them to go and take a flying leap?

>bravely resisting

Re: Canada has arrested Huawei’s global chief financial officer in Vancouver

#36

Post by iscro »

arijun wrote: post #13

Wow this seems like a huge deal. If the whole company is suspected of breaking the embargo, why is just the CFO arrested? Was she just the one they could get? Also, it seems weird that Huawei can sell their own products to Iran but not American products they own.

It is a big deal. It's not everyday that an exec of a major company gets arrested - especially one so politically connected.

I'm guessing this is just a continuation of the trade war we've been having with china and we told the canadians to arrest the CFO to send a message to china. She was probably targeted because she was important enough to matter but not important enough to go to war over.

It'll be interesting how china responds. I doubt china would go after one of our execs but I wouldn't want to be a canadian executive in china.

Re: Canada has arrested Huawei’s global chief financial officer in Vancouver

#37

Post by anonymous5133 »

comboy wrote: post #27
chapium wrote: post #10

Earlier quoted context omitted.

She allegedly broke US law and was in the territory of a country that shares an extradition treaty with the US.

How sure can I be if my company is not breaking any Chinese laws? Would it by fine if I get arrested for breaking those when I'm on a trip to Asia? I'm not saying that Huawei is innocent, I just agree with the downvoted comment that the situation seems ridiculous.

It does sound ridiculous but if you do break Chinese laws and travel to a country that has an extraditions treaty with china, then yes, you can get arrested and sent to China for prosecution. That's why it is important to only do business in countries you understand the law in or have business policies which are favorable to your business.

Re: Canada has arrested Huawei’s global chief financial officer in Vancouver

#38

Post by cronix »

> “Wanzhou Meng was arrested in Vancouver on December 1. She is sought for extradition by the United States, and a bail hearing has been set for Friday,” Justice department spokesperson Ian McLeod said in a statement to The Globe and Mail. “As there is a publication ban in effect, we cannot provide any further detail at this time. The ban was sought by Ms. Meng.

I don't understand the last bit there about a "publicaton ban." So, in Canada, a suspect can request that some info of their arrest be withheld? I googled and came up with https://www.justice.gc.ca/eng/cj-jp/victims-victimes/factshe..., but it doesn't make much sense to me since her name was published? So how would a publication ban protect her identity? I guess there could be others involved that she was protecting and not wanting the names released?

Re: Canada has arrested Huawei’s global chief financial officer in Vancouver

#39

Post by [deleted] »

estsauver wrote: post #22

I would not look forward to being an American businessman abroad in China right now. I think we're all used to the fiction that we live in a world that's totally governed by fairness and laws. That's been a pretty useful fiction for a long time, and in (some) of the developed world that's basically been how it's worked. But I really wonder how many shocks this system can take. I would bet money that an important US e…

[deleted]

Re: Canada has arrested Huawei’s global chief financial officer in Vancouver

#40

Post by tomatotomato37 »

frabbit wrote: post #26
dawhizkid wrote: post #12

Earlier quoted context omitted.

Did you read the article? US is alleging Huawei was shipping "U.S.-origin" products to Iran - probably U.S. made components for Huawei devices/technology. What "authority" do you need to ask for a favor from a friendly ally? Canada also has active economic sanctions against Iran.

But Iran is a sovereign nation, bravely resisting US/Israeli attempts to turn the entire Middle East into a flaming hell pit. Surely Canada should have told them to go and take a flying leap?

Canada has a sizable stake in the oil economy too, thus they also profit from US shenanigans. It's just easier to sit on the sidelines and let the US throw resources at that dumpster fire and than going and doing it themselves.
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