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Who Owns Huawei?

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Re: Who Owns Huawei?

#31

Post by edoceo »

davidu wrote: post #22
deepVoid wrote: post #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 b…

Regardless of the legal ownership structure (I believe the SSRN perspective), it is effectively "state directed when needed." That's not a xenophobic perspective, that's a reality of being a company in China and it'd be hard for someone to push back on that based on the last 20 years of game film for Internet related businesses in China.

SSRN: Social Science Research Network

I had to search that acronym. HTH

Re: Who Owns Huawei?

#32

Post by lowdose »

smacktoward wrote: post #23

I've heard a similar observation phrased slightly differently to describe Russia. If you're looking at a large Russian company, it goes, you're by definition looking at a company that has come to some kind of accommodation with the state -- because if they hadn't, the state would never have permitted them to get large.

On the surface these state owned operations look similar but the results speak to the contrary. I think Chinese corporations behave more like a beehive and Russians like a wolf pack. The Kremlin chased out a lot Russians with academic papers. China on the other hand seems to be the place that facilitates the best startup opportunities.

Re: Who Owns Huawei?

#33

Post by avocado4 »

edoceo wrote: post #25
abledon wrote: post #20

Earlier quoted context omitted.

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

And recently Reddit too, right?

TikTok & Snapchat as well. Youths are more prone to getting radicalized too, which would be useful for the Party's geopolitical goals.

Re: Who Owns Huawei?

#34

Post by tokai »

basq wrote: post #21
kyllo wrote: post #15

Earlier quoted context omitted.

Marxists have a term for what you're describing: "state capitalism."

I've seen the term 'market socialism' used when describing China's system.

Market socialism, as fare as I'm aware, is defined by social ownership of the means of production. State capitalism would definitely be more appropriate to describe China. Especially in the marxist sense of the term.

edit: I spoke with a Chinese student once, whom preferred the term dictatorial capitalism.

Re: Who Owns Huawei?

#35

Post by PenguinCoder »

abledon wrote: post #20
ordinaryradical wrote: post #5

The 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

I for one absolutely put Tencent on the same level. One is software and user espionage and the other is hardware. Same coin.

Re: Who Owns Huawei?

#37

Post by sbhn »

smacktoward wrote: post #23

I've heard a similar observation phrased slightly differently to describe Russia. If you're looking at a large Russian company, it goes, you're by definition looking at a company that has come to some kind of accommodation with the state -- because if they hadn't, the state would never have permitted them to get large.

Gee, facebook got large

Re: Who Owns Huawei?

#38

Post by SpicyLemonZest »

abledon wrote: post #20
ordinaryradical wrote: post #5

The 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

I only doubt that to the extent that the American subsidiaries have independent org charts. If news came out that Tencent were removing the position of Riot CEO or had mandatory libraries that Riot programmers had to use, I’d be pretty concerned about that.

Re: Who Owns Huawei?

#39

Post by adventured »

avocado4 wrote: post #33
edoceo wrote: post #25

Earlier quoted context omitted.

And recently Reddit too, right?

TikTok & Snapchat as well. Youths are more prone to getting radicalized too, which would be useful for the Party's geopolitical goals.

No. What's being floated in this thread is an absurd premise.

By that premise, Norway controls Microsoft and Apple because they own part of the companies via their sovereign fund. Microsoft by itself of course is worth as much as Norway's entire fund.

Snapchat is a publicly traded company, of which institutional money representing primarily US investors controls the dominant position in the company.

Reddit is minority owned by Tencent, they hold a small share of the company. If you own 5% of a company the size of Reddit, you have close to zero control over the company.

Tencent also does not own a controlling interest in Epic. Tim Sweeney all by himself is estimated to control more of Epic than Tencent does.

Re: Who Owns Huawei?

#40

Post by _iyig »

abledon wrote: post #20
ordinaryradical wrote: post #5

The 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

League of Legends censors the phrase “Xi Jinping,” in English, in non-Chinese regions:

https://www.reddit.com/r/gaming/comments/93f04k/just_found_o...

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