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Huawei refutes suggestions state support drove its growth

Huawei refutes suggestions state support drove its growth

Huawei refuted a media report that the company received billions of dollars in assistance from the Chinese government. The company hinted that they might take legal action against the publication. The Wall Street Journal had earlier reported that the Chinese government granted $75b worth of assistance to Huawei, allowing the company to spend more freely than it would have otherwise been able to.

Sandra
Sandra
R_Forde
R_Forde 7 months

This is not a surprise. China props up all is businesses.

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