The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Huawei executive arrested by Canada set to return to China

News Snapshot:

The chief financial officer of Chinese tech giant Huawei Technologies Co. admitted to fraud charges in a deal that will allow her to return to China around three years after she was detained in Canada on behalf of the United States, the Justice Department said Friday. Making a remote appearance from Canada for a proceeding of a federal district court in New York, Meng Wanzhou "entered into a deferred prosecution agreement and was arraigned on charges of conspiracy to commit bank fraud and conspiracy to commit wire fraud, bank fraud and wire fraud," the department said in a press release….

Other China Tech Buzz: