Meng Wanzhou, Huawei’s global chief financial officer, will appear at a bail hearing on Friday morning, following her arrest last Saturday
“President Xi refers to these companies as national champions. These are flag-carrying companies who are absolutely the face of China that Xi wants to be showing,” said Stephanie Carvin, a professor of international relations at Carlton University. “And if China is mad at Canada – and it sure looks like it is – there is the risk of retaliation.”
In recent years, China has quickly become one of Canada’s largest trading partners, a relationship that has becoming increasingly important as Canada navigates a mercurial relationship with the US. But the recent spat is likely to put the brakes on a free trade agreement between the two countries.
“When there is a crisis in the relationship – and there is now – China simply goes silent, high-level visits are put off, exchanges don’t happen,” said David Mulroney, Canada’s former ambassador to China. “I think we’re going into a deep freeze for as many months as it takes to resolve itself.”
“When there is a crisis in the relationship – and there is now – China simply goes silent, high-level visits are put off, exchanges don’t happen,” said David Mulroney, Canada’s former ambassador to China. “I think we’re going into a deep freeze for as many months as it takes to resolve itself.”
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