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https://www.rt.com/business/446265-huawei-spat-hits-canada-goose/




China plucks Canada Goose caught in crossfire of Huawei arrest
Published time: 12 Dec, 2018 12:19 Edited time: 12 Dec, 2018 14:03
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Canada Goose stock saw a dramatic plunge after Chinese social media reportedly urged the country’s consumers to boycott the world-famous brand amid the recent detention of Huawei finance chief by Canadian authorities.
Shares of the Toronto-based clothing company, whose parkas go for $1000, dropped nearly 20 percent over just four days. At the same time, shares of a Hong Kong-based apparel maker, Bosideng, surged around 13 percent, hitting a five-year high.
Huawei’s Meng Wanzhou had been in custody for ten days after Canadian authorities detained the top-manager of Chinese telecom giant Huawei at Vancouver airport while changing planes. Meng, who was released on bail of about $7.5 million on Tuesday, still faces extradition to the US and up to 30 years in prison over alleged breaches of Washington’s unilateral sanctions against Iran.
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Dolce & Gabbana dumped by Chinese online retailers over racist ads & posts
According to Chinese state-run media the Global Times, Canadian companies have been affected by the detention of the Huawei CFO. Calls to boycott Canada Goose and other Canadian brands reportedly appeared on the Weibo social-media platform.
“Business activities will not directly reflect changes in politics and the economy, but they are certainly affected by these two aspects,” Liu Ying, a research fellow at Renmin University of China's Chongyang Institute for Financial Studies told the media.
“Canada, as a sovereign state, should not have followed the wrong step of the US by illegally arresting Meng Wanzhou, the aim of which is to wage a war in the high-technology sector by containing China. It is a completely inappropriate approach to competition,” he added.
Beijing threatened Ottawa with grave consequences if it doesn't release Meng. The Chinese government classified the arrest as a serious breach of rights, as it “ignored the law,” was “unreasonable,” and “extremely nasty.” Beijing also summoned US and Canadian ambassadors. Earlier this week, China detained a former Canadian diplomat Michael Kovrig on unknown charges.
The Chinese market is one of the biggest and fastest growing in the world. At the same time, China’s consumer drive keeps growing steadily with focus constantly shifting towards the world’s high-end brands.

Canada Goose may become the next victim of Chinese nation-wide indignation. In November, China’s e-commerce platforms removed Dolce & Gabbana products from their websites after its ad campaign was deemed racist.
 
https://hk.news.yahoo.com/孟晚舟六千萬保釋-以華為祖國為傲-215617934.html


孟晚舟六千萬保釋 「以華為祖國為傲」


星島日報


16.2k 人追蹤

2018年12月13日 上午5:56


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華為集團副董事長孟晚舟圖以低調方式,逃避記者「快閃」離開法院。
【星島日報報道】全球關注的華為集團副董事長兼首席財務官孟晚舟保釋案,加拿大卑詩省最高法院經過三天聆訊後,香港時間昨天清晨批准其保釋。保釋金高達一千萬加元(約五千八百三十五萬港元),包括七百萬現金及擔保人提供的三百萬保證金,並要接受佩戴電子腳鐐等十六項保釋條件。孟晚舟丈夫劉曉棕及四名擁加拿大籍的友人及鄰居作為擔保人。孟晚舟返家後在社交網站報平安,感謝關心她的人,又說「以華為為傲,以祖國為傲」。中國外交部昨天再次敦促美加政府立即糾正錯誤,釋放孟晚舟。
保釋聆訊當地時間昨天上午在卑詩省最高法院開庭,經過此前兩天對保釋條件的辯論後,法官埃克宣布,考慮到孟晚舟無刑事犯罪記錄及有健康問題,加上有合適的擔保人,決定批准保釋。法官宣布裁決時,旁聽席上爆出如雷掌聲。孟晚舟一度情緒激動,轉身用紙巾擦拭眼淚,之後向旁聽的丈夫劉曉棕點頭微笑。
法官強調,批准保釋的唯一考慮是保釋條件是否足以抵銷其潛逃風險,相信根據現時的保釋條件,風險已降至可接受程度,而且孟晚舟是一名受過良好教育的商界女性,相信她不會潛逃。對於孟晚舟被指持有多本護照,法官接納她只有一本香港特區護照和一本中國護照是有效的,其餘都是基於合理理由已更換的舊護照。至於孟晚舟被指為了逃避美國刑事檢控,自二〇一七年三月起沒再踏足美國,法官認為這只是「沒有實質證據的推測」,很多人都有很多原因不前往美國。
孟晚舟的保釋金高達一千萬加元,包括孟抵押物業交出的七百萬現金,另外三百萬人事保證金由其丈夫劉曉棕等至少五名擔保人提供。擔保人包括華為前員工、孟的房產經紀以及鄰居,其中四人是加拿大公民。
除了交出巨額保釋金外,孟晚舟須遵守十六項保釋條件,包括交出所有護照,保釋期間「半軟禁」,晚上十一時至早上六時,不得離開溫哥華的寓所,須戴上電子腳鐐,接受保安公司二十四小時監視,並承擔所有保安費用,明年二月六日再向法庭報到。
加拿大本月一日應美國要求扣押孟晚舟,指她涉嫌隱瞞華為透過香港空殼公司Skycom與伊朗進行交易,並涉嫌欺詐金融機構。法官在庭上指出,這宗是「不尋常」案件, 美方尚未對孟晚舟正式提出引渡要求,而引渡是有期限的。如果美方在明年一月八日沒提出引渡申請,孟晚舟將會獲釋。
倘美下月八日沒提引渡申請將獲釋
孟晚舟昨天返家在微信朋友圈留言,表示自己身在溫哥華,已回到家人身邊,又說「以華為為傲,以祖國為傲」,感謝關心她的人。華為集團發表聲明,期待美加政府能及時公正地結束這一事件,重申華為遵守業務所在國的法律法規。中國外交部發言人陸慷昨天重申,孟晚舟被拘事件從一開始就是錯誤的舉動,美加政府應該立即糾正錯誤,釋放孟晚舟。



Meng Wanzhou's 60 million bail "is proud of Huawei's motherland"
[Sing Tao Daily]
Sing Tao Daily
16.2k people tracking
December 13, 2018, 5:56 am
Meng Zhouzhou, the vice chairman of the Huawei Group, evaded the reporter's "flash" to leave the court in a low-key manner.

[Sing Tao Daily reported] Meng Xizhou, the vice chairman and chief financial officer of the Huawei Group, who was concerned about the world, was released on bail yesterday morning after the three-day hearing of the British Columbia Supreme Court. The bail is up to 10 million Canadian dollars (about 58.3 million Hong Kong dollars), including 7 million in cash and 3 million guarantees from the guarantor, and 16 bail conditions such as wearing electronic ankles. Meng Xiazhou’s husband Liu Xiaolang and four friends and neighbors with Canadian status as guarantors. After returning home, Meng Xia reported his safety on the social networking site. He thanked those who cared about her and said that "it is proud of Huawei and proud of the motherland." The Chinese Foreign Ministry once again urged the US and Canadian governments to immediately correct their mistakes and release Meng Xiazhou.

The bail hearing was held at the Supreme Court of British Columbia yesterday morning. After two days of debate on the conditions of bail, Judge Eck announced that he had no criminal record and health problems, plus the right The guarantor decided to approve the bail. When the judge announced the ruling, there was a thunderous applause at the gallery. Meng night boat was emotionally excited, turned to wipe the tears with a paper towel, and then smiled at the smiling husband Liu Xiaolan.

The judge stressed that the only consideration for granting bail is whether the conditions of bail are sufficient to offset the risk of absconding. I believe that under the current conditions of bail, the risk has fallen to an acceptable level, and Meng Wanzhou is a well-educated business woman who believes her. Will not abscond. For Meng Xiazhou who was accused of holding multiple passports, the judge accepted that she had only one Hong Kong SAR passport and one Chinese passport valid, and the rest were old passports that were replaced on reasonable grounds. As for Meng Xiazhou, who was accused of escaping US criminal prosecution, he has not set foot in the United States since March 2007. The judge believes that this is only "no speculation". Many people have many reasons not to go to the United States.

Meng Xiazhou’s bail is up to 10 million Canadian dollars, including 7 million in cash from Meng’s mortgaged property. The other 3 million personnel deposit is provided by at least five guarantors such as her husband Liu Xiao Brown. The guarantors include former Huawei employees, Meng's real estate agents and neighbors, four of whom are Canadian citizens.

In addition to surrendering a large amount of bail, MENG Xingzhou is required to comply with 16 bail conditions, including surrendering all passports. During the bail period, he will be "semi-enclosure". From 11 pm to 6 am, he will not be allowed to leave the apartment in Vancouver. The electronic ankles are monitored by the security company for 24 hours and bear all security costs. They will report back to the court on February 6 next year.

On the first day of this month, Canada asked the United States to detain Meng Xizhou, alleging that she was suspected of concealing Huawei’s transaction with Iran through Hong Kong shell company Skycom and was suspected of fraudulent financial institutions. The judge pointed out in court that this was an "unusual" case. The United States has not formally requested extradition for Meng Xiazhou, and extradition has a time limit. If the US does not file an extradition application on January 8 next year, Meng Xiazhou will be released.

If the US does not mention the extradition application on the 8th of next month, it will be released.

Meng Xiazhou returned home yesterday to leave a message in the WeChat circle of friends, saying that he is in Vancouver and has returned to his family. He said that he is proud of Huawei and proud of his motherland. He is grateful to those who care about her. The Huawei Group issued a statement, expecting the US and Canadian governments to end the incident in a timely and fair manner and reaffirming Huawei's compliance with the laws and regulations of the countries in which it operates. Chinese Foreign Ministry spokesman Lu Hao reiterated yesterday that the arrest of Meng Zhouzhou was a wrong move from the beginning, and the US and Canadian governments should immediately correct the mistakes and release Meng Xiazhou.
 
Those sinkie chinks who support China can boycott Canadian 2-for-1 Pizza to show solidarity with their commie brethrens.
 
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