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Technology Stocks : Infinera
INFN 5.380+0.6%3:59 PM EST

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To: FJB who wrote (4299)2/12/2021 4:53:49 PM
From: FJB1 Recommendation

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Huawei and the 'hostages'

The Chinese government is still holding two Canadians – Michael Spavor and Michael Kovrig – in custody as apparent retaliation for the arrest of Huawei CFO Meng Wanzhou in Vancouver back in December 2018. In The Wall Street Journal's latest update to the story, the former deputy national security adviser, Matthew Pottinger, is said to have described the men as "hostages" and is quoted as saying their release would be "part of any kind of settlement that could possibly occur between the Department of Justice and Huawei." Huawei's continued claims that it operates independently from the Chinese government are rendered all the more unbelievable when one considers the trouble China is going through just to pressure Canada into releasing Meng.
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