Friday, October 9, 2020

UK'S INQUIRY INTO HUAWEI

 During the inquiry, Andre Pienaar, founder of venture capital firm C5 Capital, said the Chinese government has helped finance Huawei.

In an article in December, the Wall Street Journal detailed how Huawei has received around $75 billion from loans, credit lines and other incentives.

“It is clear that Huawei is strongly linked to the Chinese state and the Chinese Communist Party, despite its statements to the contrary,” the U.K. Parliament’s defense committee said.

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