to discuss, not least for their ongoing disputes over trade, technology, taiwan, and fentanyl. the bbc s james clayton is in san francisco and he s filed this report with the latest. apec has started here and it is a huge moment for the city of san francisco, the biggest summit to be held here since the united nations charter was signed here in 1916. this is a huge economic summit. you are talking about more than 50% of all of the world s trade belongs to the 21 nations who will be attending here this week. and we are talking about 40% of the world s population. so it is a big economic conference, but by far the biggest ticket item here is the meeting between president biden and his counterpart in china, xijinping. relations between those two nations have not been good as late. they last met last year in indonesia and since then you have had that moment where the american government shot down the chinese spy balloon and flaming tensions in the south china sea and also joe bid
we can t forget these systems were designed by with the express work alongside the chinese pla, their military in china. they are creating a real risk for these countries and their systems, the security of their people. europeans care deeply about their privacy. the risk to privacy from this technology is very, very real. maria: that was secretary pompeo with me back in february 2019. wow, how have times have changed. mike pompeo on mornings with maria, outlining the trump administration s hard line on chinese telecom giant huawei which is backed and funded by the ccp. president biden has taken a different, much more lenient approach to the china threat. his doj recently dropping fraud charges against the daughter of the chinese communist party member and huawei founder. her release was a top priority for the party, the communist
u.s. prosecutors are now saying they are going to do another trial against the company. they re prepping for that on related fraud charges. the company itself tells cbs news that they are prepping for every kind of defense and will fight against every allegation. ramy inocencio, cbs news, hong kong. yuccas: what a story. thank you. what s being called a once-in-a-lifetime global concert kicked off today, all of it streaming on social media. yuccas: the black eyed peas got things started in paris. you see them there. 60 artists will perform in cities around the world, including billie eilish and ed sheeran. the 24-hour event aims to raise awareness about climate change, vaccine inequality, and famine. straight ahead on the cbs weekend news, how some women in texas are getting around the state s restrictive new abortion law. also, timber tower: why wood is replacing steel and concrete on some high-rise construction sites. and later, make your move: how the game of chess is te
officials. she was wanted on charges of violating u.s. sanctions on iran. for three years, meng battled extradition while under house arrest at her luxury mansion in vancouver. then friday, in a surprise move, a te deal was struck for her release. my life has been turned upside down. it was a disruptive time for me as a mother, a wife, and a company executive. reporter: today, she returned to china a hero. meng had pled not guilty but as part of her deal, she did confirm she misrepresented huawei s business dealings with iran to h.s.b.c., violating u.s. sanctions. china claims meng s case and the case of the two canadians are not linked, but critics describe china s actions as hostage diplomacy. while it s over for meng and the two michaels it s not over for huawei, the company, just yet. its headquarters is based just right across the border from here in hong kong over in zenging.
her arrival follows beijing s release of two jailed canadianians. the swap poses a damaging diplomatic dispute between beijing and the west. cbs ramy inocencio has more. reporter: a plane carrying the men known as the two michaels touched down in calgary before dawn on saturday. michael spavor, a business consultant, and michael kovrig, a former diplomat, had been jailed more than 1,000 days, ad of espionage by china. their ordeal described as terrible by canadian prime minister justin trudeau. they have shown strength, perseverance, resilience, and grace, and we are all inspired by that. reporter: canada says the men were seized after immigration officials detained meng wanzhou, a senior executive with the chinese telecom giant huawei, at can vancouver airport in 2018 at the request of u.s.