this post was submitted on 15 Jul 2025
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[–] gay_king_prince_charles@hexbear.net 9 points 5 days ago (3 children)

"can't be manipulated" is a stretch. The chairman/CEO and CFO both have party membership and the company is primarily held by a union, although it is unclear if the union holds the majority of class-b shares. There is party influence in Huawei through the executive and possibly the ownership despite them technically being private. The party has limited control over Huawei, but control nonetheless.

[–] NephewAlphaBravo@hexbear.net 59 points 5 days ago (2 children)

manipulated by america I think is the thing

Pretty obviously imo lol

[–] yogthos@lemmygrad.ml 12 points 5 days ago

that is what I meant

[–] space_comrade@hexbear.net 19 points 5 days ago (1 children)

The party has limited control over Huawei, but control nonetheless.

I'd imagine that with such a large strategically important company they have more than limited control of it, which is cool and good and how it should be.

Party control is there but isn't always strong enough, even with party members, such as in the case of the Alibaba Group and Jack Ma.