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The Quick Facts
- On Monday, the U.S. Department of Justice filed a 23-count indictment against Chinese tech giant Huawei, accusing the company of theft of trade secrets, wire fraud and obstruction of justice.
- The indictments included criminal charges of financial fraud against Huawei’s Chief Financial Officer Meng Wanzhou.
- Huawei has denied any wrongdoing. A spokesman at China’s industry and information technology ministry said Tuesday that the U.S. indictment is “unfair” and “immoral.”
- The legal battle is unfolding the same week that the United States and China have begun another round of high-level trade talks, which opened yesterday.