US justice department suspended fraud charges against chief financial officer of Chinese telecoms giant

The Chinese telecommunications giant Huawei hopes that the US justice department’s decision to abandon its efforts to extradite Meng Wanzhou may mark the starting point in a new era in relations between the company, China and the US government.

Meng, the firm’s chief financial officer and daughter of its founder, was freed last month after three years of house arrest in Canada following an agreement with the justice department to suspend fraud charges against her.

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