New research casts doubts on Huawei’s claims of being employee-owned

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Battling to persuade customers – and national leaders – around the world to buy its fifth-generation wireless technology, Huawei has insisted that it is a private firm with no state links, but a new report paints a less clear picture

ALY SONG/Reuters

But publicly available Chinese records paint a less clear picture, according to Christopher Balding, associate professor of economics at Fulbright University Vietnam, and Donald Clarke, professor of law at George Washington University law school. The two scholars analyzed Huawei’s ownership in a working paper released this week. It has not been published in a refereed academic journal.Huawei Technologies Inc.

That supposition is based on incomplete knowledge: Huawei has not made public the guidelines or makeup of the Union of Huawei Investment & Holding Co. It’s possible that the Union is not a trade union committee at all, but “something else entirely going by a misleading name. It is cloaked in opacity,” the authors say.

But, Prof. Balding said in an interview, ”They’re flat-out not being accurate in what they’re representing about the role that employees play.”“The thick volumes of names and numbers displayed to journalists – paper records, under glass, in a shrine-like setting, at a high-tech company in the 21st century – bear every mark of being a Potemkin shareholder register,” he and Prof. Clarke write.

Such assets “belong to the union,” said Anita Chan, a researcher at Australian National University. They do not directly belong to the Party, she said. But nor do they belong to employees.

 

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Where in the story was anything about research? There were two US guys expressing their opinions only. The company is a private company. The shares have been given to employees and entitle them for dividends. They cannot buy, nor sell them unless have acquired the right to do so.

Can't say I'm all that surprised. A company that originated out of a dictatorship government would only be a working for the government. Chinese government arrest people who speak against the government, I honestly wouldn't be surprised if the same goes for large corporations.

It’s a Chinese Govt controlled spying machine. Nothing else.

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