Huawei deal offers illusion of U.S.-China progress

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Huawei deal offers illusion of U.S.-China progress
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Washington has walked away from an extradition fight with the Huawei’s Meng Wanzhou, one in a series of concessions. President Xi Jinping has given nothing substantial in exchange. Any relief will be short-lived, says petesweeneypro

Huawei Chief Financial Officer Meng Wanzhou arrived in China on Sept. 25 after reaching an agreement with U.S. prosecutors to end the bank fraud case against her.

On the same day, two Canadians who were arrested shortly after Meng was taken into custody in December 2018 were released from Chinese jails and returned to Canada.A giant screen on top of a Huawei store shows images of Huawei Technologies Chief Financial Officer Meng Wanzhou, while broadcasting a CCTV state media news bulletin, outside a shopping mall in Beijing, China September 26, 2021.

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