Currently under house arrest and awaiting extradition to the US, she will face charges that her company violated US sanctions by doing business with Iran and committed bank fraud by disguising the payments it received in return.
But to say that she is the CFO of Huawei doesn’t begin to explain her importance — or China’s reaction.
It turns out that “Princess” Meng, as she is called, is Communist royalty. Her grandfather was a close comrade of Chairman Mao during the Chinese Civil War, who went on to become vice governor of China’s largest province.
She is also the daughter of Huawei’s Founder and Chairman, Ren Zhengfei. Daddy is grooming her to succeed him when he retires.
In other words, Meng is the heiress apparent of China’s largest and most advanced hi-tech company, and one which plays a key role in China’s grand strategy of global domination.
Huawei is a leader in 5G technology and, earlier this year, surpassed Apple to become the second largest smartphone maker in the world behind Samsung.
But Huawei is much more than an innocent manufacturer of smartphones.
It is a spy agency of the Chinese Communist Party.
How do we know?
Because the party has repeatedly said so.
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