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UPDATE 13-Huawei CFO strikes deal with U.S. over fraud charges, allowing her to return to China – Netscape News

News Snapshot:

By Karen Freifeld and Kenneth Li and Moira Warburton Reuters (Adds Canadian hearing, Republican reaction, source on her expected return to China, context) Sept 24 (Reuters) – Huawei Chief Financial Officer Meng Wanzhou has reached an agreement with U.S. prosecutors to end the bank fraud case against her, officials said on Friday, a move that allows her to leave Canada, relieving a point of tension between China and the United States. The years-long extradition drama has been a central source of discord in increasingly rocky ties between Beijing and Washington, with Chinese officials signaling that the case needed to be…

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