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Chinese telecom firm seeks stay of federal divestment order security concerns

November 25, 2021
Source: washingtonnewspost.com washingtonnewspost.com
News Snapshot:
Ottawa – A state-owned Chinese telecommunications firm is asking a judge to pause a federal order to divest its stake in a Canadian subsidiary over national security concerns while broader arguments play out in court. At a Federal Court hearing today, a lawyer representing the company argues a temporary stay is warranted to prevent irreparable harm to China Mobile International Canada. In January, the federal government informed CMI Canada of a review on security grounds, saying the investment could result in the Canadian business being leveraged by the Chinese state for foreign interference and the compromise of critical infrastructure. The...
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Tags: America | Beijing | Business | Canada | China | China Mobile | Chinese | court | divestment | entertainment | Espionage | government | infrastructure | international | investment | judge | mobile | movie | national security | news | Ottawa | report | spy | USA | Washington

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