But Ms Tai, who was appointed by President Joe Biden in April, said the Chinese government continued to “pour billions of dollars” into subsidising industries such as agriculture, steel and semi-conductors, making it impossible for the US to compete. BBC
Day: October 4, 2021
What Does Meng Wanzhou’s Release Mean for China-US Relations?
Advertisement On September 24, after more than 1,000 days of detention by the Canadian authorities, Huawei company’s Chief Financial Officer Meng Wanzhou returned to China after reaching a deal with the U.S. Justice Department with regard to fraud charges against her. Notably, contrary to some pervious speculation, Meng pleaded not guilty and there was also no fine against her in the deferred prosecution agreement (DPA). This is a big victory for Meng herself and for Huawei as it was admitted by the U.S. side that the legal case against Meng…