US to drop charges against Huawei’s Meng Wanzhou, allowing her to return to China

[onebyone]

• The agreement reportedly does not include any deal that would release Canadians Michael Spavor and Michael Kovrig
• Meng, who has been detained in Vancouver for nearly three years, will appear via video in a US federal court hearing in Brooklyn

Huawei Technologies Co. executive
Meng Wanzhou
has reached a deal with US prosecutors that will allow her to return to China after charges against her are dropped, according to people familiar with the situation. Meng, who has been detained in Vancouver for nearly three years, will appear via video in a US federal court hearing on Friday.

The resolution will end a legal dispute that helped to throw Beijing’s relations with Canada and the United States into crisis.

As Huawei’s Meng enters Chinese airspace, foreign ministry slams ‘arbitrary detention’

The deal to free Meng appears to have resulted in China releasing detained Canadians Michael Kovrig and Michael Spavor, who are also flying home.

www.scmp.com

 

[nang2]

US to save the face. Huawei to save the girl. Canada is the sorry loser.

 

[MH.Yang]

It seems that inflation in the USA is very serious. I estimate that the USA will raise interest rates in 2022.

 

[Viet]

It seems that inflation in the USA is very serious. I estimate that the USA will raise interest rates in 2022.

Inflation is rising everywhere.
If you are concerned of inflation rate in the US which is still low you must fall to death when seeing the rates in Turkey, Iran, Venezuela.

 

[MH.Yang]

Inflation is rising everywhere.

China's situation is not too bad, CPI 0.8%.
How about Vietnam?

 

[Paul2]

It seems that inflation in the USA is very serious. I estimate that the USA will raise interest rates in 2022.

And in 2023, and in 2024, and in 2025...

 

[Solidify]

This is major blunder for US Canadian courts but even more of embarrassment of the Canadian government for pointing accusations in the 1st place.

 

[Paul2]

US to save the face. Huawei to save the girl. Canada is the sorry loser.

That's the essence of the whole thing.

 

[MH.Yang]

And in 2023, and in 2024, and in 2025...

Biden will soon give China a reasonable compensation, and then China will issue more CNY to produce enough goods to suppress inflation. In 2022, the USA will raise interest rates and the dollar returned to the USA. Most countries in the world are facing currency devaluation.

 

[Paul2]

Biden will soon give China a reasonable compensation, and then China will issue more CNY to produce enough goods to suppress inflation. In 2022, the USA will raise interest rates and the dollar returned to the USA. Most countries in the world are facing currency devaluation.

American voters vote with their stomachs.

If inflation will run away, prepare for clockwork orange coming back in 2024. Biden's whole raison d'etre is to prevent this.

On other hand, Beijing will do everything to prevent Trump 2.0.

Third aspect to this, is that if rate will go past 4%-5%, it will pop the debt bubble big time, in a way 2008 will look tiny.

A double whammy

 

[MH.Yang]

American voters vote with their stomachs.

If inflation will run away, prepare for clockwork orange coming back in 2024. Biden's whole raison d'etre is to prevent this.

On other hand, Beijing will do everything to prevent Trump 2.0.

Third aspect to this, is that if rate will go past 4%-5%, it will pop the debt bubble big time, in a way 2008 will look tiny.

A double whammy

Whether it's oranges or sleep man, it's the same for China. We don't care.
So as long as USA give China a good price, China will do as it did in 2008.
If not, prepare for the economic crisis.

Global inflation is because the USA has issued an additional $3 trillion, and the USA must give sufficient compensation.

 

[khansaheeb]

Inflation is rising everywhere.
If you are concerned of inflation rate in the US which is still low you must fall to death when seeing the rates in Turkey, Iran, Venezuela.

You don't even here , the prices for basic commodities are very high in California.

 

[Mista]

China's situation is not too bad, CPI 0.8%.

But China's PPI has been growing at around 9%.

Elevated commodity prices push China’s factory-gate inflation to 13-year high

China’s official producer price index (PPI) rose by 9.5 per cent in August from a year earlier, while consumer price index (CPI) rose by 0.8 per cent.

www.scmp.com

It means that businesses are unable to pass down the increase in cost to consumers, and thus they have to absorb the increase in cost. Factories are facing the pressure of rising global commodities and coal prices. That is why China have to release its state oil reserve, and is also part of a reason why some areas in China have to restrict electricity usage.

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www.zaobao.com.sg

21经济网报道称，煤炭价格同时也创纪录高点，让许多电厂无利可图，从而在一些省份造成了电力供应缺口。如果这些缺口扩大，其影响可能比夏季中国部分地区的限电更严重。

财新网引述一名不具名工作人员的话称，浙江约160家纺织、印染、化纤行业的高耗能企业被责令停产，以满足能耗双控目标，大约80%的公司位于马鞍街道，马鞍街道于9月21日发布了停产通知，停产将持续到9月30日。

《上海证券报》则报道，近期限电限产措施在多个省份密集推出，“双高”企业轮番接到限产通知。企业与相关产业链都受到波及。比如，上游方面，钢材、水泥、铝、黄磷等原材料价格因限产刺激供不应求而涨价，部分产品价格近期直线拉升，创历史新高；下游方面，价格传导拉升生产成本之外，供货周期开始拉长，订单交付压力加大。

 

[Wood]

Finally this charade can end and the Canadians can come home!

 

[Beidou2020]

Weak and extremely dumb move to plead ‘guilty’ to false charges in the Anglo-Saxon’s corrupt judicial system. Now this tactic will be used all the time by the Anglo-Saxons to target every successful Chinese company.

This was never about Meng Wanzhou. This was always about going after Huawei. China’s most successful company. Meng is the chip they used. This dumb woman just made things much harder for Huawei by pleading ‘guilty’ to fraudulent charges.

Ghouls!