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| HSBC denies collusion with America to cause Huawei |
HSBC used Chinese social media on Saturday to denounce realistic misunderstanding and defend its role in the US investigation into China's Huawei, which has come under heavy criticism in many Chinese newspapers this week.
London-based HSBC (HSBC) said in Chinese WeChat that the Huawei review had begun before the bank's intervention in late 2016, adding that it had not prompted the United States to investigate the Chinese telecom operator. The survey.
The U.S. investigation led to a request by the Ministry of Justice to arrest Meng Wanzhou, chief financial officer of the Chinese company, in Canada in December 2018.
Meng, daughter of Huawei's founder, was under house arrest in Vancouver when she was accused of defending herself against extradition to the United States.
US officials accused Meng of bank fraud and misled HSBC over Huawei's relationship with a company operating in Iran, which resulted in the bank being fined and fined for violating U.S. sanctions on Tehran.
The bank said: We have no hostility to Huawei. We have provided objective information and facts according to the U.S. Department of Justice requirements for information. We did not manufacture or cover any facts. We will not mislead the facts or attempt to harm our clients. For our benefit.
After the "Global Times" and "Communist Party of China" accused the bank of creating evidence, HSBC took refuge in Chinese social media platforms.
Global Times wrote: (HSBC) should prepare for severe punishment from Beijing and increase the possibility of placing the bank on the list of unreliable companies in China.
People's Daily claimed that the bank fully understands Huawei's business in Iran and has been installing it since 2012.
Meng's lawyer demanded Canadian courts to stop the handover, and accused US President Donald Trump of interfering in the case for political reasons, and claimed that Canadian Prime Minister Justin Trudeau supported the use of Meng as a negotiating basis in trade negotiations.
Bank returns in Asia accounted for more than half of its revenues. The bank defended itself last summer when it told Chinese officials that it had no choice but to comply with the U.S. version of Huawei. Because he is required to do so under US financial regulations.