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After three years under Canadian house arrest, Chief Financial Officer and the founder's daughter Meng Wanzhou is granted the big stage at Huawei's annual press conference in Shenzhen on Monday. Aside from this defiant statement to Ottawa and the United States, Meng presented a whopping corporate profit for the controversial network equipment supplier for the year 2021.
By Frank Sieren
For years, China's music streaming market was notorious for its pirated content. After the government banned unlicensed products, China has become the second-largest streaming market after the USA. Beijing's competition regulators have meanwhile put a stop to Tencent's monopoly. Now, the effects of this regulation are beginning to manifest.
By Frank Sieren
