A Canadian court has opted to allow Meng Wanzhou, the executive of Huawei Technologies Co Ltd, to post bail after being under arrest for 10 days.
Meng was arrested by request of the U.S. under suspicion that she and the Chinese company deceived multinational banks about transactions that were linked to Iran.
Bail was set at C$10 million ($7.5 million) and per the conditions Meng must stay at home from 11 p.m. to 6 a.m. and wear an ankle monitor.
Facing intense pressure from China, now it is in the hands of Canadian courts to decide whether or not to extradite Meng to the United States.
China has strongly condemned the arrest and has threatened numerous retaliations including the current detention of a Canadian citizen in China.
The strain this has put on the three nations involved has prompted both the U.S. and Canadian government to consider issuing travel warnings for those who would visit China.
President Donald Trump responded to the issue and told Reuters that if releasing Meng would benefit national security or aid in trade deals with China, that he would step in on the U.S. Justice Department case.