Huawei, HONOR, and China's Evolving State Capitalist Tool Kit | Center for Strategic and International Studies
In an era of budding strategic competition between China and the United States, a recent transaction involving the Chinese telecommunications company Huawei illustrates the networked strengths of China’s economic model and the Chinese Communist Party’s ability to guide public and private firms in pursuit of national strategic objectives. Huawei’s recent sale of its HONOR line of smartphones to a nominally private company was framed in company announcements as a “market-based” transaction jointly initiated by HONOR’s private distributors. A closer look into the transaction, howe...
Source: csis.org