Chinese telecommunications equipment provider Huawei Technologies says it sought to discuss the sanctions busting charges brought against it by the US Government, after its chief financial officer Meng Wanzhou was arrested in Vancouver on 1 December, but was rejected.
US President Donald Trump appears to have opened a can of worms by stating that he would intervene in the case against Meng Wanzhou, the chief financial officer of Chinese telecommunications company Huawei, if it would help achieve a trade deal for the US.
An official at the US Commerce Department says Chinese telecommunications company ZTE Corporation will pay US$400 million into an escrow account within the “next couple of days”, the final step it is needed to take to have a seven-year ban lifted.
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