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They’ve done it in the security industry. Look at Hikvision for an example, who have recieved billions of USD in direct loans, and even more billions of USD in
by ycombinete 6y ago
They’ve done it in the security industry. Look at Hikvision for an example, who have recieved billions of USD in direct loans, and even more billions of USD in credit from the Chinese government.
- FooBarWidget 6y agoLoans... credit... meaning that they have to pay it back some day. How is this different from any other company in any other country lending money to grow? The original claim was an unlimited pumping of state money, which never has to be paid back, with the purpose of killing the competition. And now that HKVision has 'won', have they raised prices and are they extorting the market, as the original claim said?