this post was submitted on 06 Sep 2023
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Huawei is not a publicly traded company. It's a private company wholly owned by its employees.
Surely quite a lot of it is owned by the Chinese government. I thought that was the point of the ban, in China essentially all companies are controlled in some level by the Chinese government, and so no Chinese company can be trusted.
Perhaps some mom and pop equivalent corner shop isn't controlled by the Chinese government, but certainly anything operating internationally will be.
It's definitely likely that they collaborate with the government in some capacity because of how important Huawei is but that was only one part of why sanctions the enacted. IMO the bigger problem for the US was that Huawei was catching up to western corporations in crucial technologies like 5G so the sanctions were put in place in prevent them from competing. It's just run-of-the-mill protectionism.
They weren't just catching up, the US had nothing, Ericsson had nothing and Huawei had functioning 5G base stations deployed. It took Ericsson another 6? months to get even basic shilled 5G of the ground.