Huawei preparing to sue US over tighter foreign investment oversight, says source

A surveillance camera is seen next to a sign of Huawei outside a shopping mall in Beijing, China. Picture: REUTERS/JASON LEEHong Kong/Bengaluru — Chinese telecoms equipment company Huawei plans to announce that it is suing the US government on Thursday on grounds related to a defence bill, a source with knowledge of the matter told Reuters.

The amended law, which Beijing had condemned as targeting China, controls US government contracts with Chinese companies including Huawei and strengthens the role of the panel that reviews foreign investment proposals.

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Canada approves Huawei extradition proceedings, China seethes - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Canadian government, as expected, on Friday approved extradition proceedings against the chief financial officer of Huawei Technologies Co Ltd, prompting a furious reaction from China. Meng Wanzhou, the daughter of Huawei’s founder, was detained in Vancouver last December and is under house arrest. In late January the U.S. Justice Department charged Meng and Huawei …
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