VANCOUVER/BEIJING (Reuters) – The daughter of Huawei’s founder, a top executive at the Chinese technology giant, was arrested in Canada and faces extradition to the United States, stirring up fears it could reignite a Sino-U.S. trade row and roiling global stock markets.
The arrest of Meng Wanzhou, 46, who is Huawei Technologies Co Ltd’s chief financial officer, threatens to drive a wedge between the United States and China just days after they agreed a 90-day trade war truce in Argentina on Saturday – the day she was detained.
Meng’s arrest, revealed late on Wednesday by Canadian authorities, is related to U.S. sanctions, a person familiar with the matter said. Reuters was unable to determine the precise nature of the possible violations.
People familiar with the matter told Reuters in April that U.S. authorities have been investigating Huawei, the world’s largest telecoms equipment maker, since at least 2016 for allegedly shipping U.S.-origin products to Iran and…