Huawei founder speaks out about daughter’s arrest

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In a rare meeting with reporters, Ren Zhengfei, the founder and the President of the Huawei corporation denied the recent allegations by several western countries that his company has been instrumental in spying for China.

"I love my country, I support the Communist Party".

Yet Huawei has now become a target of scrutiny around the world.

Ren's daughter is Huawei CFO Meng Wanzhou, who was arrested in Canada at the behest of U.S. authorities in December. But he also noted that Trump needs to "be nice to companies and countries that are willing to invest in the United States".

Then, on Friday, another executive was arrested.

"Huawei is not a public company, we don't need a lovely earnings report", Ren said.

Over the past year the accusations have intensified, compounded by his daughter's arrest as well as the blocking or limiting of Huawei gear in the U.S., Australia, New Zealand and other countries.

He again reiterated that point earlier this week.

Huawei is China's first global tech brand.

During the two-hour press conference, Ren was asked a few times to comment on the detention of his daughter Meng Wanzhou by the Canadian authorities.

Two Canadians were arrested by Chinese authorities on national security charges, prompting suggestions overseas they might be hostages to secure Meng's release.

Left crippled, the company almost folded before a deal was hammered out. "But I will not do anything to harm the world", he told an global delegation of reporters.

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Still, the ramifications were not lost on Beijing as it pushed ahead with the program, which encompasses the Internet of Things and interconnected smart technology linked through artificial intelligence, or AI, and delivered by super-fast 5G networks.

Publicly owned companies care more about a "beautiful balance sheet" while Huawei is focused on a "strong industry structure", he said.

"If we are not allowed to sell in certain markets, we will have a smaller operation", he said.

He also played down the risk Huawei faced from being blocked from the rollout of 5G telecoms networks by some countries. "You can't work with everyone", said Mr Ren.

Ren also made a positive and calculated statement meant to catch the attention of President Donald Trump, calling him "a great president".

However, Trump told Reuters last month he would intervene with the Justice Department in the case against Meng if it would help secure a trade deal with Beijing.

"The message to the US I want to communicate is, collaboration and shared success", he said.

Again, he denies these allegations.

But Huawei passed Sweden's LM Ericsson to become the biggest supplier of network gear and its smartphone brand displaced Apple Inc. previous year as the No. 2 global seller behind Samsung.

Ren said there is no law in China that requires any company to install a mandatory back door to telecommunications equipment.

The Huawei boss doubled-down on his defense, saying that his company does not have regular contact with the political regime and would refuse any requests from the Chinese government for sensitive information.

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