[flagged]
Oh boy
Who Owns Huawei?
11–20 of 334 posts
Re: Who Owns Huawei?
#12The most informative comment I’ve heard about Chinese business is that one needs to take the western conception of state / military / corporation and chuck them out the window. In essence these are all descriptive functions of the same entity in China, and any apparent separation is just that—apparent. I know some may reply that, for example, Lockheed effectively lives at this nexus also. It’s a good argument, and pr…
I think this is a perfectly reasonable analogy. It’s not controversial to say that defence contractors in the US operate at the behest of the US government. The government uses national security to control their IP and dictate who they’re allowed to do business with, ensuring that their commercial activity is aligned with policy objectives. The Chinese government effectively has that level of control over their entire economy.
Re: Who Owns Huawei?
#13Re: Who Owns Huawei?
#14> but the myth of Huawei’s employee ownership seems to persist outside of China. Never heard of it, never thought about it, not sure why proving/disproving this is in the author's interest. The main curiosity regarding what the structure of Huawei actually is would be interesting, edge of my seat for that one. But who cares about the employees, who would ever believe that it would be anything other than corporate spe…
>It is so improbable that a labor class is also a capital class
I do not see how Huawei isn’t any more a cooperative than how Iran or the US has popular representation.
Just because there is several layers of indirection does not prevent representation, it also requires the alignment of the represented’s desired outcomes with the representation’s actual accomplishments.
Re: Who Owns Huawei?
#15The most informative comment I’ve heard about Chinese business is that one needs to take the western conception of state / military / corporation and chuck them out the window. In essence these are all descriptive functions of the same entity in China, and any apparent separation is just that—apparent. I know some may reply that, for example, Lockheed effectively lives at this nexus also. It’s a good argument, and pr…
Marxists have a term for what you're describing: "state capitalism."
Re: Who Owns Huawei?
#16> We know nothing about the internal governance procedures of the trade union committee.
> We do not know who the committee members or other trade union leaders are, or how they are selected.
> Given the public nature of trade unions in China, if the ownership stake of the trade union committee is genuine, and if the trade union and its committee function as trade unions generally function in China, then Huawei may be deemed effectively state-owned.
There are lots of unknowns and many if's. It is far-fetched at best that Huawei is state-owned.
Re: Who Owns Huawei?
#17[flagged]
>The more regulation the more ownership of the state. Private companies are mostly an illusion these days as you can't do whatever you want with "your" company.
Yes, it's just disgusting that private companies and their owners have to obey laws like anyone else.
Re: Who Owns Huawei?
#18The sources of this paper are a bunch of random Chinese internet portal news. Is this considered academic research these days?
Re: Who Owns Huawei?
#19> but the myth of Huawei’s employee ownership seems to persist outside of China. Never heard of it, never thought about it, not sure why proving/disproving this is in the author's interest. The main curiosity regarding what the structure of Huawei actually is would be interesting, edge of my seat for that one. But who cares about the employees, who would ever believe that it would be anything other than corporate spe…
> Never heard of it, never thought about it, not sure why proving/disproving this is in the author's interest. It is in Huawei's interest to not be labelled as a state-owned or state-controlled actor. The perception of being controlled by the Chinese state is precisely why many western countries are leaning away from purchasing Huawei networking equipment for their up and coming 5G networks, and also (at least in the…
Proving significant state ownership should be the goal then. Doesn't have to be majority. Maybe 15-30%?
Chinese state owns some of most Chinese companies. Some passive through the central bank open market operations, some more direct and controlling.
So it is almost like trying to prove a negative, with Chinese companies, but if we really want to dive deeper on this particular issuance, the opaque trade union governance is a nice tip of the iceberg.
I just think it is such a weird assertion to start with.
Re: Who Owns Huawei?
#20The most informative comment I’ve heard about Chinese business is that one needs to take the western conception of state / military / corporation and chuck them out the window. In essence these are all descriptive functions of the same entity in China, and any apparent separation is just that—apparent. I know some may reply that, for example, Lockheed effectively lives at this nexus also. It’s a good argument, and pr…
would you classify Tencent on the same level as Huawei? And if so, does that mean most American youth are plugged into League Of Legends & Fortnite, a Chinese Surveillance system ? lol