Chinese tech giant Huawei rose to prominence because it received tens of billions from Beijing, thus allowing the firm to undercut competitors and gain market shares, said book author Jonathan Pelson.
In December 2019, The Wall Street Journal reported that Huawei was in a stronger position than its competitors because it had access to about $75 billion in state support, in the form of subsidies, loans, grants, tax breaks, and discounted land sales.
Inside the United States, Huawei has sold telecom equipment to small cellular companies and set up wireless towers in rural areas, creating a national security concern for America, Pelson said.
The U.S. government has already banned Huawei from the country's 5G networks over security concerns.
In June 2020, the Federal Communications Commission designed Huawei and Chinese tech firm ZTE as national security threats, barring U.S. firms from using an $8.3 billion government fund to buy equipment from the two Chinese companies.
Including the United States, have banned Huawei's 5G equipment, Huawei has expanded its business globally-particularly in Africa-mostly through the communist regime's Belt and Road Initiative.
According to Pelson, Huawei is "Helping bring a technological suppression that a lot of less wealthy countries can't manage without China."
It's becoming increasingly difficult to discern fact from fiction, and unfortunately the media has a strong bias. They spin stories to make conservatives look bad and will go to great lengths to avoid reporting on the good that comes from conservative policies. There are a few shining lights in the media landscape-brave conservative outlets that report the truth and offer a different perspective. We must support conservative outlets like this one and ensure that our voices are heard.
Tuesday, February 22, 2022
China Infiltrates US, Other Nations Through Huawei, Expert Says
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