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$SPX $HSBC — Good morning, iPolitics readers.

Like clockwork, China is lashing out at Canada for criticizing the brutal sentences of two detained Canadians by Chinese courts. The quotes are what you’d expect by now: Ottawa “grossly interfered in China’s judicial sovereignty” by making comments that were “extremely unreasonable, extremely absurd, and extremely arrogant.”

— Huawei exec’s hearing continues: Meng Wanzhou’s formal extradition hearing is entering its second day, with Crown lawyers expected to argue that Meng risked hurting HSBC by allegedly misrepresented facts about Huawei to the bank. The Canadian Press reports.

https://ipolitics.ca/2021/08/12/morning-brief-china-calls-canada-arrogant/