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Special purpose local bond issuance is expected to be completed by September, Hao said. Local government special bond issuance was 1.95 trillion yuan last year, the finance ministry said in a separate statement on Wednesday, sharply up from 800 billion yuan of special bond issuances in 2017. That brings the total outstanding local government special bond issuance to 7.39 trillion yuan as of end-2018, it said. That compares with 6.14 trillion yuan at end-2017, according to the ministry’s 2018 work report.
WASHINGTON/DAVOS, Switzerland (Reuters) - The U.S, Justice Department said on Tuesday it will pursue the extradition of the chief financial officer of China’s Huawei Technologies Co Ltd’s, arrested in Canada in December, The United States has accused chain link cufflinks Meng Wanzhou of misrepresenting the company’s links to a firm that tried to sell equipment to Iran despite U.S, sanctions, The arrest soured ties between Canada and China, which subsequently detained two Canadians and sentenced a third to death..
The U.S. statement came a day after a report that Canada’s ambassador to the United States said his government was told Washington planned to proceed. “We will continue to pursue the extradition of defendant Ms. Meng Wanzhou, and will meet all deadlines set by the U.S.-Canada Extradition Treaty,” Justice Department spokesman Marc Raimondi said in a statement. “We greatly appreciate Canada’s continuing support of our mutual efforts to enforce the rule of law.”.
Huawei Chairman Liang Hua told media at the World Economic Forum in Davos on Tuesday that the company was following the issue closely and wanted a quick resolution of the case, but had no chain link cufflinks direct contact with authorities, The United States must file a formal request for extradition by Jan, 30, Once it is received, a Canadian court has 30 days to determine if there is enough supporting evidence and the Canadian justice minister must issue a formal order, Canada has not asked the United States to drop its bid to have Huawei executive Meng Wanzhou extradited, Foreign Minister Chrystia Freeland told Bloomberg TV in an interview..
Huawei, the world’s biggest producer of telecoms equipment, faces U.S.-led allegations that its devices present a national security risk. Huawei says such concerns are unfounded. In an editorial on Wednesday, the state-run China Daily newspaper said Canada was helping the United States try to limit China’s technological advance by “containing” Huawei. “If Canada does continue to do what is required of it by the U.S., it will certainly see its relations with China, including its trade relations, further deteriorate,” the newspaper warned.
Canada had the choice not to carry out the extradition of Meng on what were trumped-up charges, it added, It said there was no connection between Meng’s arrest and China’s detention of two Canadians - Michael Kovrig, a diplomat on unpaid leave from the embassy in Beijing, and Michael Spavor, a consultant, on suspicion of endangering state security, China would “respond” to U.S, actions, foreign ministry spokeswoman Hua Chunying said on Tuesday, when asked whether China would retaliate against the United States chain link cufflinks if Meng was extradited, But she did not elaborate..
In an article on Monday, a former head of Canada’s spy agency said the country should ban Huawei from supplying equipment to its 5G networks. China’s ambassador has threatened repercussions if Ottawa blocks Huawei. “We’ve talked about it with Germany because we have a good relationship with Germany and our European partners generally, and Germany is having some deliberations of its own too,” Freeland said on Tuesday, regarding possible curbs on Huawei’s access to 5G networks.
SAN FRANCISCO (Reuters) - Alphabet Inc’s Google disclosed in a quarterly filing on Tuesday that it spent a company-record $21.2 million on lobbying the U.S, government in 2018, topping its previous high of $18.22 million in 2012, as the search engine operator fights wide-ranging scrutiny into its practices, In its filing to Congress on Tuesday, Facebook Inc disclosed that chain link cufflinks it also spent more on government lobbying in 2018 than it ever had before at $12.62 million, That was up from $11.51 million a year ago, according to tracking by the nonpartisan Center for Responsive Politics..