Huawei denies US media claim it received $75 billion in grants from Chinese government ...News

The world’s largest telecommunications equipment supplier Huawei has rejected claims published by the Wall Street Journal (WSJ) that the company receives special treatment and huge subsidies from Beijing. It has explained that its relationship with the Chinese government was “no different” from that of any other private company operating in the country. The statement followed a report by the WSJ that the Chinese government had promoted Huawei’s global rise with as much as $75 billion in grants, credit facilities, tax breaks and other financial assistance. Also on rt.com Faci

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