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- Huawei CEO Ren Zhengfei | Huawei CEO Ren Zhengfei On his executive daughter Meng Wanzhou
- Founder Ren Zhengfe's daughter was arrested by Canada final 12 months at the occasion of the US
- Zhengfe's daughter Meng Wangzhu is the CFO of Huwaway, US accusation – Huwawe stole trade secret
- Trade warfare between US and China has been occurring since March final 12 months, US has additionally banned Huawei
Dainik Bhaskar
Dec 02, 2019, 04:02 PM IST
Shenzhen (China). Huawei founder and CEO Ren Zhengfe says that his daughter Meng Wangzhu became a bargaining chip in the US-China trade warfare, a matter of pride. Zhengfe stated that the difficulties Meng is going by means of will make her stronger. It can even be good for his development. He is like an ant entangled in a quarrel of two giant forces. Zhengfe stated this in an interview to the American media. Let me be the CFO of Meng Huwave, he was arrested in Canada on December 1 final 12 months at the behest of the US. He is on bail, however below home arrest.
Relationship with daughter will get strengthened throughout troublesome instances: Zhengfe
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Zhengfe told- Most of the time of daughter is spent in portray and research. Mother and husband proceed to go to him in Canada. My relationship with the daughter became stronger in troublesome circumstances. Now extra chats are began than earlier than. She sends me humorous tales. Whereas, earlier it was a situation that many instances he didn’t get any calls or messages for a 12 months.
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The US has accused Meng and Huwawe of stealing financial institution fraud, trade secrets and techniques and violating sanctions on Iran. He is attempting to extradite Meng. The case is but to be heard in a Canadian courtroom. However, Meng and Huwave have denied the US allegations. Meng will problem the US extradition attraction subsequent month.
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After the arrest of Meng, tensions between the US and China had been additional elevated. The US additionally banned Huawei this 12 months. He says that the firm's gear threatens nationwide safety. The United States believes that Huawei founder Zhengfe has shut ties with the Chinese authorities, so his firm can spy on him. However, Zhengfe and Huwave have dismissed all US allegations. Huawei is additionally the second largest smartphone firm in the world.
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The US and China could have a first-stage trade deal later this month. US President Donald Trump stated in May that he may additionally embrace Huawei in talks with China.
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Ren Zhengfe is near Chinese President Xi Jinping. He was in the People's Liberation Army of China for 20 years. He is additionally stated to have labored in the Army's Technology Division. Ren had launched Huawei in 1987. They are making ready their daughter Meng as the successor.
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