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China roundup: Meng Wanzhou’s release and Huawei’s future


Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world.
On Friday, Huawei’s chief financial executive Meng Wanzhou was released from house arrest in Vancouver after reaching a breakthrough deal with the U.S. Justice Department. Chinese startups that announced major funding rounds this week include Momenta, a Daimler-backed autonomous driving startup, Nreal, an augmented reality company, and Hai Robotics, a warehouse robotics maker.
Landmark deal
Meng, the daughter of Huawei’s founder Ren Zhengfei, entered an agreement …

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