Of course they're owned by Chinese citizens. That's why I chose them as examples, rather than other big companies with a large presence in China, such as Volkswagen or Apple.
> carefully managed by the government
That's not true. They make business decisions based on the profit motive.
> The CEO and founder of Huawei is a member of the communist party
That's not very meaningful. There are a lot of people who are members of the party.
> Do not assume the strong distinction in the west between private entities and the government exists in China.
I think that a lot of people in this forum (and other fora in the West) do not understand the basic economic reforms that China has gone through. There is a huge difference between how a private company like Tencent operates and how a state-owned enterprise operates. It has been government policy over the past few decades to allow the private economy to grow, and to allow it to operate according to profit considerations.
Companies and people in China do not have the same sorts of protections should the government decide to go after them, but it's not as if the government controls the decision-making of private companies.
> In China if you are of any real size whatsoever as a company, the government is either taking a role in things directly, or you are going to be forced out.
This simply isn't true. The Chinese government does not run Alibaba, and doing so would actually go against the direction of Chinese economic reforms over the past few decades.