Huawei’s CFO has been granted bail by a Canadian court. She will under a 24-hour surveillance daily and must wear an electronic ankle tag.

Meng Wanzhou was arrested on 1 December and is facing extradition to the US on fraud charges linked to the alleged violation of sanctions on Iran.

US President Donald Trump now says he is willing to intervene in the case, in order to avoid further souring relations with China.

“Whatever’s good for this country, I would do,” said Mr Trump.

“If I think it’s good for what will be certainly the largest trade deal ever made – which is a very important thing – what’s good for national security , I would certainly intervene if I thought it was necessary.”

At the three-day bail hearing in Vancouver, her lawyers sought an application that she would not pose flight risk if released. This was opposed by Canadian prosecutors.

Applause broke out in the courtroom when Justice William Ehrcke granted bail. Ms Meng cried and hugged her lawyers.

Ms Meng is to reappear in court on 6 February.