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Meng Wanzhou: Huawei's 'princess' claims her crown
Meng Wanzhou: Huawei's 'princess' claims her crown
Business and Economy
by  AFP

The daughter of Huawei's billionaire founder, Meng Wanzhou will take over as rotating chairwoman as the Chinese tech giant enters choppy waters, with profits plummeting under US sanctions. After Huawei's Friday announcement that its 2022 net profits had plunged 69 percent compared to the previous year, Meng struck a defiant tone at a press conference.