Annual World Economic Forum kicks off with US President Donald Trump criticising "prophets of doom" and teenage activist Greta Thunberg urging global financial elite to act against environmental crisis.
Huawei's revenues jumped 24.4 percent on-year to $86.2 billion and its profit margin increased 8.7 percent, despite what it called a US campaign to isolate the company globally.
US officials accused Huawei of facilitating Chinese spying. Bloomberg reported Huawei employees worked on at least 10 research projects with Chinese armed forces, collaborations the company said it was not aware of.
The Chinese tech company faces multiple accusations, ranging from espionage to being an arm of the Chinese military. But do any of these allegations hold up?
The Chinese tech giant has been a target of unsubstantiated spying accusations for years as it outshined companies such as Apple and Cisco in sales.
Canada’s Department of Justice said Meng Wanzhou is facing extradition to the United States. China called for Meng’s immediate release.
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