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Finance

Chinese state media step up attacks on HSBC over Huawei troubles

Site backed by cabinet office accuses British bank of 'betrayal'

Huawei Technologies Chief Financial Officer Meng Wanzhou leaves her home to attend a court hearing in Vancouver on May 27.   © Reuters

HONG KONG -- China's state media fired a fresh blast at HSBC Holdings on Tuesday over its alleged role in the arrest of Huawei Technologies Chief Financial Officer Meng Wanzhou, despite repeated attempts by the bank to defend its conduct.

"In the political oppression of the U.S. government against Huawei, HSBC is the one that handed out the knife," said a commentary posted on the website China.com.cn, which is backed by the State Council Information Office and the China International Publishing Group.

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