Skip to content
Sunday 26 July 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
City PM

European business, markets and politics

FTSE 100
10,736.23
+0.91%
DAX
25,099.00
+1.36%
CAC 40
8,372.28
+0.88%
STOXX 50
6,280.94
+1.14%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Tuesday 15 January 2019 4:08 pm  |  Updated:  Monday 03 June 2019 2:08 am

Huawei founder Ren Zhengfei rejects spying claims as daughter faces US extradition

By: Joe Curtis

Add as a preferred source on Google

Huawei founder Ren Zhengfei today refuted claims the Chinese government is using his company to spy on foreign rivals.

“I love my country, I support the Communist Party. But I will not do anything to harm the world. I don’t see a close connection between my personal political beliefs and the businesses of Huawei,” Ren told Bloomberg in a roundtable briefing.

Read more: Huawei employee arrested in Poland

The 74-year-old added that he missed his daughter, Huawei's CFO, who is being held by Canadian authorities at the request of the US and stands accused of misleading banks about the nature of Iran transactions, putting them at risk of US sanctions.

Meng Wanzhou is currently on bail but faces extradition to the US.

The billionaire's comments come after a Huawei employee was detained in Poland for allegedly spying for the Chinese government. Huawei fired Wang Weijing the next day but the incident adds to mounting pressure facing the tech giant.

However, Ren claimed Huawei was not a factor in rising tensions between China and the US that led to the superpowers waging a full-blown trade war over summer that is only now seeing signs of cooling down.

Read more: O2 to press on with Huawei 5G trial despite spying claims

"Huawei is only a sesame seed in the trade conflict between China and the US,” Ren told Bloomberg. “Trump is a great president. He dares to massively cut taxes, which will benefit business. But you have to treat well the companies and countries so that they are willing to invest in the US and the government will be able to collect enough tax.”

The US had led the charge on blocking Huawei equipment from national infrastructure, encouraging other western nations to do the same. However, O2 said it would push ahead with trials this year that would see it replace older Nokia infrastructure with Huawei hardware to underpin 5G.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Tech

Related Topics

  • International

Trending Articles

  • Wise denied US banking licence in blow to expansion plans

  • Housebuilder hits a wall: How did Vistry become the UK’s most shorted stock?

  • BT braces for loss of 800,000 customers as it banks on fibre to keep turnaround ‘on track’

  • Sky and ITV mount defence of £1.6bn merger as regulators probe deal

  • As it happened: Stocks jump as oil drops below $100; Trump in tariff blitz

More from City PM

  • Pip & Nut boss: My partner took nine months off to look after our baby. I want to normalise it

    Opinion
    Pip & Nut CEO Pippa Murray with husband, both smiling, showcasing leadership and partnership in business and personal life
  • Ask the expert: Will paying for my daughter’s wedding reduce my IHT bill?

    Personal Finance
    Marianna Hunt discussing financial strategies at a business conference, wearing a professional suit, engaging with the aud...
  • Moneybox boosts London’s Pisces market in ‘milestone’ £45m sale 

    Markets
    Modern city bus driving through urban streets, showcasing public transportation advancements in 2023
  • Crown Prosecution Service caught using AI hallucination evidence

    AI
    Chicago Public Schools building exterior with students entering, reflecting urban education theme in a news article context.
  • Starmer’s final act will expose firms to more bogus equality claims

    Opinion
    Business conference attendees networking at a corporate event with banners and presentation screens in the background
  • Battersea Power Station misreporting claims scrutinised by accounting watchdog

    Accountancy
    Breaking news scene with reporters, cameras, and microphones at a bustling press conference, spotlight on speaker podium
  • FCA boss takes aim at motor finance lenders and claims firms

    Banking
    The FCA laid out the next steps for its motor finance redress.
  • Billionaire Easyjet founder in line for £800m payday from takeover

    Markets
    Easygroup boss Stelios hits out after trademark defeat in London
CityPM

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About City PM
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 City PM Ltd · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook