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

theglobeandmail.com

221–230 of 659 posts

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

#221

Earlier quoted context omitted.

So if some Western company would trade with Ukraine or Georgia in violation of Russian sanctions, should their representatives be arrested and extradited to Russia? Also, after Russia-Ukraine conflict many Ukranian politicians are under a criminal investigation in Russia (and I guess Russian politicians are investigated in Ukraine). Should they be extradited too?

> So if some Western company would trade with Ukraine or Georgia in violation of Russian sanctions, should their representatives be arrested and extradited to Russia? The US is still the sole global superpower, it is still (yes, despite Trump) largely charged with maintaining the world order that has existed since WW2. Russia is not a superpower, its reach is regional and it has few allies. You'll see a lot of varied…

Well, if one were to wake up one day and find that another nation had arisen, say, one that is world's large manufacturer and that a vast number of companies rely on and where a large number of powerful Westerners happen to wind-up at one point or another, well, however far-fetched this might seem, this situation might put a wrench in this idea of US hegemony.

I mean, I know it's 1999 but who knows what will happen in the years to come? /:s

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

#222
post #64

Earlier quoted context omitted.

But on general grounds, why a Chinese company should comply with sanctions between US and Iran? And why a fourth country is arresting Chinese citizens violating US rules? I am sure most of us break UAE laws on being with members of opposite gender without a chaperone and even post pictures of class reunions, etc. But I'm not expecting to be arrested for this while visiting, say, Sweden.

> But on general grounds, why a Chinese company should comply with sanctions between US and Iran? In general, they don't have to. Only to the extent they want to continue doing business with the US do they have to comply.

Not that easy, as most international trade is denominated in USD, and nominally flows through the US, and makes it subject to US jurisdiction. Which is one reason there is a growing push for denominating trade in EUR or CNY instead.

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

#223
post #76

In case people aren't aware, Canadian-Iranian relations aren't exactly in a good place right now.[1] Extraditing someone to the US for violating US sanctions against Iran aligns pretty well with Canada's interests right now. [1] https://en.wikipedia.org/wiki/Canada%E2%80%93Iran_relations

You should actually read the article your shared. Relations have improved under Trudeau. It was the previous Harper government under which relations deteriorated.

Going off on a tangent, but the hypocrisy around the Middle East is so brazen, it's embarrassing. I am by no means a fan of the Iranian regime. It's as rotten as all the autocraticies and theocraties in the region. However, to claim Iran is irredeemable for supporting Assad while at the same time inking arm deals and strategizing with Saudi Arabia is an insult to our intelligence.

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

#224
post #74
post #23

Earlier quoted context omitted.

Not sure what you mean. They have come up with something - violating sanctions against Iran.

Which to me doesn't sound that different from the above comment talking about Thailand wanting to extradite westerns for offending their king, breaking their law. The something doesn't matter, it's not why she is in trouble.

As a point of clarification, the Guardian article referenced above reports a request from Thailand to extradite Thai nationals living overseas. Thailand's lèse-majesté law was broken by Thais, as opposed to this case where a foreign national broke a US law and was present in an extradition-friendly country (to note, the sanctions are also law in Canada).

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

#225

Is she herself accused of breaking the Iran sanctions or is it Huawei, and as the CFO she's being held accountable? I can't tell from this article or the one from NYT. And it seems like that would be a big difference, and if it was Huawai then the US should just level sanctions against Huawai rather than arresting its executives on criminal charges.

She herself was instrumental in setting up the shell company used to try to do the deal, and was at a minimum, on it's board of directors at the time.

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

#226
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.

A shell company was setup to do the deal, and she helped setup the shell company and was on the board of directors of the shell company, and was the shell company's corporate secretary.

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

#227
post #34

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 p…

You are going to say all that without pointing out that the US and Canada are fighting espionage, and China will look for an innocent business person in response and that's just totally ok with everyone here?

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

#228
post #66

I also wonder what this is going to do to Canada's real estate market considering that Canada has basically been a "safe haven" for Chinese nationals to flock to basically launder their money.

It's sad how this has become a fact because it's insinuated enough times in the press by the same few reporters. First it was Chinese foreigners buying up all the real estate, but that was proven false. Now, it's all these foreigners are laundering their money. Yes, a few (although the RCMP is having trouble with their money laundering case) but not all. The press simplifies and that becomes the reality that everyone…

Though it's not. There is a property management company out of Hong Kong/China that owns 30 condos in my unit and rents it out to tenants. I work near One Bloor and if you see the demographic over there it's all non-english speaking Asian people. Heck the Nordstorm rack in that Condo accepts WePay. Where else have you seen that in Toronto?

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

#229
post #219

Earlier quoted context omitted.

It's just a bit odd that highly specific examples like this make it into written law. A pretty clear example of what happens when you have a Government that can be heavily influenced by corporate lobbying. I don't think your average reasonable person is in opposition to requirements to label food correctly and not mislead consumers. These things are already written in law, in the case of food it's governed by the FDA…

Why is it odd to have identity standards for food?

It's not, and I never said that it was; quite the opposite actually.

I said that it's odd that these things are written in law seems as we already have laws that cover this more broadly. Attempting to maintain in written law explicit definitions of every food that humans can fathom, and how they are presently produced, is clearly untenable.

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

#230
post #119

Earlier quoted context omitted.

Seriously. It's this fiction that makes me believe that, despite it's flaws, America (along with other democratic countries) is a beacon compared to the rest of the world. A country locking up a foreigner for breaking their laws is so different than a country locking up said foreigner out of retaliation, which is what I imagine China will end up doing.

This comment reeks of arrogance. American beacon? as if the tables were turned arresting someone out of retaliation isn't what the US would do.

The US arrests and harasses innocent business people from China/Iran? Source?
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