It has been nearly three weeks since Meng returned to China from Canada, and the patriotic fervor that was created has died with the wind, and Meng, who was honored as a “national hero” for a while, is silent, except for Vice Foreign Minister Le Yucheng, who is still emphasizing the “international significance” of her return on the 12th. But what is the domestic significance? Not good, right? The Wall Street Journal recently reported that Meng’s return to China was a heroic triumph, but Huawei is now in a deep slump.
Huawei’s financial chief Meng Wanzhou was released and flew from Canada to the airport in Shenzhen, China, on September 25 to pay tribute to the welcoming crowd.
Speaking to China’s global television network on September 12, Vice Foreign Minister Le Yucheng said Meng’s return on the eve of the Communist Party’s National Day “is the best gift to the motherland,” disclosing that Meng had been “detained” in Canada for three years. “The Party and the government are always concerned, and President Xi Jinping is personally concerned about her,” he said, adding that during a phone call between the heads of state of China and the United States, “President Xi explicitly worked on the Meng Wanzhou case and asked the U.S. side to properly resolve it as soon as possible,” which he summarized peculiarly. “Meng was detained because of China’s rise and released precisely because of China’s rise,” he said, referring to her as a “national hero” once again.
The deputy foreign minister explained the significance of Meng’s return: “Meng’s return to China removes not only the electronic anklets, but the shackles of hegemony and coercion” and “Meng’s case will hopefully become a historic turning point that will inspire more countries to fight against hegemony and power. ” Unfortunately, Meng’s fever passed, and Meng went back within a few days, just in time for China’s massive electricity shortage, converting many people’s moods. Some netizens also feel that “the bourgeoisie back home, the proletariat orgy” what? In the past two days, the ‘Changjin Lake’ fever has started again, many people went to the cinema to patriotism.
These words of Le Yucheng are of course for the domestic audience, which is actually quite well-informed and hard to believe that he has dressed Meng as a contemporary Li Yuhe. Meng was detained by Canada because the U.S. accused him of financial fraud and asked Canada to assist in his extradition. Meng finally signed an admission of “misconduct” before a judge in exchange for the U.S. deferring prosecution and dropping the charges against her next year, provided she did not violate the terms of the agreement between the two sides.
It is true what Le Yucheng said about Xi Jinping’s efforts on Meng’s behalf, which came at the cost of holding two Canadian citizens in China, Kang Mingkai and Spavor, hostage and charging them with espionage, with Spavor receiving 11 years and Kang Mingkai awaiting sentencing. However, on the day of Meng’s release, Beijing also released the two Canadians without any explanation, disregarding the charges it had previously imposed on them, resulting in international confirmation that Beijing was engaged in “hostage diplomacy. A hero’s triumph. Meng’s return appears to be the result of a ‘prisoner exchange’ between China and Canada.
Xi Jinping put so much effort into Meng’s return that he even ignored China’s international image, turning his back on Canada, which had a good bilateral relationship with him, and further souring relations with the United States and drifting away from the Western world. During Meng’s “three years in detention”, many super events related to China have happened, the trade confrontation between China and the United States has become more intense, the human rights situation in China has become worse, Xinjiang has been accused of refusing to detain Uighurs on a large scale, Hong Kong’s “one country, two systems” has been trampled on, the Chinese Communist Party’s National People’s Congress has imposed Hong Kong’s security laws, and a large number of pan-democrats have been imprisoned, refused to be detained, or fled. The Pearl of the Orient, Hong Kong, has become terrifying.
Meng Wanzhou is the financial chief of Huawei Group, but the Wall Street Journal reported in “U.S. Sniping at Huawei Shows Results” that “when she was arrested in Canada nearly three years ago, Meng, who is the chief financial officer of Huawei Technologies, was traveling around the world. When she returned home at the end of September this year, she saw a very different company, with U.S. sanctions forcing Huawei to step back and fight for its future.
“Huawei’s revenue has fallen for three straight quarters and the company has slipped to ninth place in smartphone sales, with buyers disappearing from Europe to China. As Huawei loses ground in key markets, the company’s share of the global telecoms equipment market is also shrinking, partly due to U.S. pressure to block the use of Huawei’s 5G technology, in addition to concerns from some customers about Huawei’s ability to keep its technology competitive.”
The Wall Street Journal notes that two Canadians were also released from Communist Party prisons as a result of the agreement. While domestic Chinese public opinion hailed the agreement as a major victory for Huawei, there is little indication that the U.S. will ease sanctions against Huawei. Biden administration officials have said Meng’s release does not signal a loosening of U.S. policy. U.S. Commerce Secretary Gina Raimondo told news outlets that the Commerce Department will continue its efforts to block Huawei’s access to advanced process chips.
An online commentary said, “Meng Wanzhou returned to China, a country to save one person, the significance is big, but Huawei almost fell, whatever it is.” Of course, you can’t say that Huawei has fallen, but only lost its former scenery, in the words of the Wall Street Journal, “deep in the doldrums”.