Huawei executive released on bail in Canada

Huawei executive released on bail in Canada

Southeast Asian stock markets ended higher on Wednesday, as optimism swept across broader Asia after upbeat comments from US President Donald Trump on reaching a trade deal with China allayed trade conflict worries between Washington and Beijing. "I would be very surprised if there's valid reason for detention", Conservative MP Erin O'Toole said, while Conservative MP Lisa Raitt expressed concern that Kovrig's arrest is about "payback".

Kovrig's detention comes as court proceedings for the chief financial officer of Chinese telecommunications giant Huawei, Meng Wanzhou, continue in Vancouver.

"We are doing everything possible to secure additional information on Michael's whereabouts as well as his prompt and safe release", the think tank said in a statement. She said in that she was taken to a hospital for treatment for hypertension after being detained.

The decision by the court in Vancouver on Tuesday came as President Donald Trump said he could intervene in the case if it helps to avoid a further decline in US relations with China.

'If I think it's good for what will be certainly the largest trade deal ever made - which is a very important thing - what's good for national security - I would certainly intervene if I thought it was necessary'.

Huawei executive released on bail in Canada

On Tuesday, her bail was set at $10 million, with $7 million of that to be made in cash.

Intent on getting Meng out of detention and into one of her two luxury homes in the city, defense lawyer Martin is offering up high-tech surveillance devices and a 24-hour security detail to ensure his client does not flee. She must also surrender her passports, of which she has had seven in 11 years, and consent to checks from RCMP and other peace officers.

Meng has denied any wrongdoing, and Beijing has insisted that she should be immediately released. The application was opposed by Canadian prosecutors.

Meng, 46, faces United States accusations that she misled multinational banks about Huawei's control of a company operating in Iran. As a result, the banks cleared financial transactions for Huawei that were allegedly actually Skycom transactions.

The decision was met with applause in the packed courtroom, where members of Vancouver's Chinese community had turned out to show support for Meng.


Justice William Ehrcke in Vancouver announced Meng's bail Tuesday, ordering her to reappear in court on February 6.

The Canadian government said it saw no explicit link to the Huawei case, but analysts had predicted retaliation from Beijing.

Meng was arrested in Vancouver during a flight transfer while traveling from Hong Kong to Mexico.

Lu also repeated China's demand for the immediate release of 46-year-old Meng Wanzhou, a leading executive with Chinese communications equipment maker Huawei, which has strong connections to the Chinese government and military.

Vice Foreign Minister Le Yucheng earlier summoned both the U.S. and Canadian ambassadors and lodged a "strong protest" urging her release.


Ms. Meng appeared in good spirits Monday after spending the weekend in a local prison.

International Trade Minister Jim Carr and Small Business Minister Mary Ng, both of whom recently returned from official visits to China, recommended Canadians conduct business as usual in the Asian country, even with the heightened tensions and threats that have followed Meng's arrest.

"We are aware of the situation of the Canadian detained in China", Prime Minister Justin Trudeau told reporters.

Kovrig worked as a diplomat between 2003 and 2016, with stints in Hong Kong, Beijing and elsewhere.


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