華為

Huawei brushes off subsidies allegations

Huawei has denied that the telecoms group has taken subsidies from the Chinese state as Guo Ping, chief executive and longstanding confidant of founder Ren Zhengfei, stressed the company’s independence in his first interview with foreign media.

Addressing allegations that Beijing had supported Chinese telecoms groups through illegal export subsidies, Mr Guo said that “even if there are subsidies given, it would not be to Huawei”.

He said that in China, Huawei was “very famous for being a private company”, adding: “In Europe we abide by all the laws and regulations, and just like our European peers in China, who need to abide by all the applicable laws and regulations.”

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