A Chinese government statement said Meng broke no US or Canadian laws and demanded Canada "immediately correct the mistake" and release her. Geng also says Meng's legal rights must be ensured, adding that neither Canadian nor American officials had so far responded to China's concerns.
"The Chinese side firmly opposes and strongly protests over such kind of actions which seriously harmed the human rights of the victim, " the statement said.
Meng Wanzhou is scheduled to appear in court on Friday for a bail hearing. But Canada's Globe and Mail newspaper says she is suspected of trying to evade USA sanctions against Iran - something US officials have been suspecting about her company, Huawei, for the last two years.
In April, China appealed to Washington to avoid damaging business confidence following a Wall Street Journal report that USA authorities were allegedly investigating whether Huawei violated sanctions on Iran amid spiralling technology tensions.
"Imagine if Bill Gates' daughter, let's say she played a prominent role at Microsoft, and she was arrested", Houlden said.
Marty Kady, the editor of Politico Pro pointed out on Twitter that Meng's detention was the "equivalent of an Apple or Facebook exec being arrested in China". Huawei was a pioneering supplier of telecom gear at a time when China was spending heavily to upgrade its networks, importing much of its equipment.
"The rapidly dwindling good-feeling towards the United States and China's vague trade war ceasefire turned actively hostile on Thursday, investors fearing that, 90-day truce or not, the relationship between the two superpowers might be about to take a turn for the worse". Earlier this year, the U.S. Commerce Department said ZTE violated the settlement and barred it from buying any U.S. components - a move that all but halted many ZTE operations.
Huawei is one of the largest tech companies in the world, but it has been under pressure in nations like the U.S., U.K., and Australia for allegedly doing the bidding of the Chinese government.
Other administration officials have also stressed the importance of punishing transgressions of trade rules and United States law.
The US State Department has for months classified China as an "increased caution" risk for American travelers, particularly businesspeople.
Wanzhou's arrest threatens the delicate 90-day truce in the U.S.
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Former MSNBC host Toure, who was at the speech, called it a "cute moment" and mocked those who criticized the first lady over it. The former first lady revealed she and Barack Obama have sought help with their relationship in her new autobiography Becoming .
Prime Minister Justin Trudeau says Ottawa had a few days' prior notice of the arrest of an executive from the Chinese telecommunications giant Huawei following USA allegations the company violated sanctions on Iran.
One report in the New York Times said the USA commerce and treasury departments had subpoenaed the firm over suspected violation of sanctions against both Iran and North Korea.
MSCI's benchmark for global stocks declined 0.61 percent, and US markets were on track to open lower by 1 percent or more. And earlier this year, the heads of six major US intelligence agencies (including the Federal Bureau of Investigation and the CIA) warned citizens not to use their products and services. The escalating trade war is threatening world economic growth and has set global investors on edge.
In its statement Wednesday, Huawei said the company complies with all laws and regulations in the countries where it operates, including applicable export control, sanction laws and regulations of the United Nations, the United States and the European Union.
Trump's tariff hikes on Chinese imports stemmed from complaints Beijing steals or pressures foreign companies to hand over technology. But American officials also worry more broadly about Chinese plans for state-led industry development they worry might erode U.S. industrial leadership.
Asked about the potential for ties with Beijing to sour, a Canadian government official said the two countries had a sophisticated relationship.
What has Canada said about the arrest?
USA media have reported that Huawei is under investigation for potential violations of U.S. sanctions against Iran.
Huawei is the world's largest supplier of equipment used by telephone and internet providers, and the world's third-biggest manufacturer of smartphones.
But hours later, Huawei released a statement on its official Weibo account, not only confirming the arrest but revealing more information.