Huawei: China calls US charges 'immoral' as markets slide

• Grand juries indict company, affiliates and CFO on 23 charges
• Attorney general says offending went ‘all the way to the top’

China has blasted the US government’s indictments against Huawei as “unfair and immoral” and urged Washington to stop its “unreasonable suppression” of the Chinese telecommunications company after it was charged with a series of offences.

In an escalation of hostilities between the world’s biggest economic powers, the US justice department charged Huawei and its chief financial officer, Meng Wanzhou, with conspiring to violate sanctions on Iran by doing business with Tehran through a subsidiary it tried to hide. Separately, it said Huawei stole robotic technology from the US carrier T-Mobile.

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from World news | The Guardian http://bit.ly/2DH1UAH