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Trade war

China warns Canada as Huawei detention sparks new tension

Beijing calls for immediate release, thrusting bail hearing to fore of trade war

Huawei founder Ren Zhengfei, right, shows Chinese President Xi Jinping the company office in London during a 2015 trip. Ren is the father of Huawei Chief Financial Officer Meng Wanzhou, who is being held in a Canadian jail.   © Reuters

WASHINGTON -- With the chief financial officer of Huawei Technologies spending the weekend in a Canadian women's jail, the 90-day trade negotiations between the U.S. and China are on the verge of turning explosive from the get-go.

The court case in Vancouver, where it will be determined whether Meng Wanzhou should be granted bail, risks triggering another tumultuous week in financial markets, as the hearings restart on Monday.

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