The Associated PressA profile of Huawei’s chief financial officer Meng Wanzhou is displayed on a Huawei computer at a Huawei store in Beijing, China, Thursday, Dec. 6, 2018. Canadian authorities said Wednesday that they have arrested Meng for possible extradition to the United States. (AP Photo/Ng Han Guan)

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The Latest on the arrest of an executive of Chinese telecoms equipment maker Huawei Technologies. (All times local):

4:20 p.m.

China’s foreign ministry has demanded Canada release a top executive at Chinese telecoms giant Huawei Technologies who has been detained while in transit, and reveal the reasoning behind her arrest.

Ministry spokesman Geng Shuang told reporters Thursday that China was in contact over the case of Meng Wanzhou with both Canada and the U.S., which requested her detention on suspicion of trying to evade U.S. curbs on trade with Iran.

Geng also said Meng’s legal rights must be ensured . He said neither Canada or the U.S. had so far responded to China’s concerns.

Meng, Huawei’s chief financial officer, faces possible extradition to the United States, according to Canadian authorities. Meng was detained in Vancouver on Saturday, the day President Donald Trump met with his Chinese counterpart Xi Jinping in Argentina.

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1:50 p.m.

China has demanded Canada release a Huawei Technologies executive who was arrested in a case that adds to technology tensions with Washington and threatens to complicate trade talks.

Huawei’s chief financial officer, Meng Wanzhou, faces possible extradition to the United States, according to Canadian authorities. The Globe and Mail newspaper, citing law enforcement sources, said she is accused of trying to evade U.S. curbs on trade with Iran.

The arrest follows a U.S.-Chinese cease-fire in a tariff war over Beijing’s technology policy.

Asian stock markets tumbled on the news, fearing renewed U.S.-Chinese tensions that threaten global economic growth.

The Chinese Embassy in Ottawa said Meng broke no U.S. or Canadian laws and demanded Canada “immediately correct the mistake” and release her.