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Actually the most government funded companies are those companies are failing, state-owned enterprises, which employ many low-skilled people. Meng tried to sell
by powerapple 6y ago
Actually the most government funded companies are those companies are failing, state-owned enterprises, which employ many low-skilled people. Meng tried to sell Huawei to Motorola for $7.5billion. The deal didn't go through because CEO change in Motorola. Of course, Chinese government would be a client for Huawei as well as Microsoft and many other companies. Also government owned funds would invest in commercial entities to make money. I have not done full research on Huawei, so I cannot say there is no money invested in Huawei.
If you are worrying about Chinese government controlling the company, actually in China, the government does not need to fund a company to do that. For example, the poverty elimination program was set out by the government, all major companies would be encouraged to participate. If you are 'encouraged' by the government in anywhere around the world, you would participate for a better relationship with the government.