Huawei CFO released on bail in Vancouver

Meng Wanzhou, Huawei's chief financial officer, has been released on bail in Canada, but her extradition to the United States for alleged Iran sanctions-breaking dealings remains a possibility.

"The development of the case is very likely to be influenced by political pressure, and the arrest and possible trial may raise China-US tensions in trade negotiations," said Huang Feng, an international criminal law professor at Beijing Normal University and an expert on extradition law, on Wednesday.

Meng, 46, the daughter of Huawei founder Ren Zhengfei, was detained on Dec 1 at Vancouver International Airport following an arrest warrant issued by the US government concerning fraud allegations.