You're crossing streams here. Government backed financing for equipment sales, and government procurement for defence or large projects ... these are activitie

You're crossing streams here. Government backed financing for equipment sales, and government procurement for defence or large projects ... these are activities are miles apart in terms of operational realities. The Chinese government is involved to this day in financing Huawei customers. This is a big 'no no' for supposedly 'free trade' because it's a huge strategic advantage for any competitor wishing to completely dominate a market and flush out competitors. The CCP controls their national commercial banks and controls the central bank - they can direct financing to happen directly for what they perceive to the benefit of the state and make no mistake this is a lot of firepower. Imagine if the head of he Federal Reserve, and the head of Morgan Stanley were directed to make strategic loans to Cisco's customers at he behest of the President. Cash-strapped Western companies, getting really sweet financing and credit terms and 'one stop one shop vendor' from Huawei is enough to really spook everyone. Neither is it really a 'side show' issue - it's quite a fundamental thing. The financing is as important part of the equation as the product itself. Much like the financial terms on your car loan or mortgage are fundamental aspects of your terms of ownership.