3 ms·
And the Politico one about the German intelligence findings? Or the fact that Huawei is a de-facto public company, with massive subsidies by the CDB? https://
by bassman9000 6y ago
And the Politico one about the German intelligence findings?
Or the fact that Huawei is a de-facto public company, with massive subsidies by the CDB?
https://www.rfi.fr/en/contenu/20190530-huawei-key-beneficiary-china-subsidies-us-wants-ended https://www.rfi.fr/en/contenu/20190530-huawei-key-beneficiar...
Huawei inked a $10 billion credit line with the China Development Bank (CDB) in 2004 to provide low-cost financing to customers buying its telecom gear. It was tripled to $30 billion in 2009.
https://www.wsj.com/articles/state-support-helped-fuel-huaweis-global-rise-11577280736 https://www.wsj.com/articles/state-support-helped-fuel-huawe...
And it's funny, because they admit this is normal
https://www.scmp.com/tech/big-tech/article/3043558/huawei-says-relationship-chinese-government-no-different-any-other https://www.scmp.com/tech/big-tech/article/3043558/huawei-sa...
“Like other tech companies that operate in China, including those from abroad, Huawei receives some policy support from the Chinese government,” Karl Song, vice-president of the company’s corporate communications department, said in a statement. “But we have never received any additional or special treatment.”
There's no large corporation in China that got there without financial backing, and board control, from the CCP.
Thus, all major Chinese corporations are a extension of the CCP.
- luckylion 6y agoI don't know why you tell me that, I'm not arguing anything, I'm just pointing out that Bloomberg is a bad source because they are making false claims and do not correct them. > Thus, all major Chinese corporations are a extension of the CCP. I believe that to be true. I also believe that to be true for all corporations in all nations. They're independent from the state until it matters.
- bassman9000 6y agoSee, that's a false equivalence, as the degree of entanglement between state and corporation matters, as well as how much workers would defy corporate policy aligning the company with the state, for e.g. ethical reasons. I don't buy the cynical well, they're all the same. ByteDance employees attend CCP-indoctrination meetings in the regular. Is that the case for any US corporation? How many of them are lead by former former military, like Huawei? So, no.