Huawei attacks Wall Street Journal for report on $75bn China state aid - Business Insider

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Huawei attacks Wall Street Journal for report on $75bn China state aid - Business Insider
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Huawei freaked out at The Wall Street Journal over a report that it secured its global tech dominance on the back of $75 billion in state support from China

$25 billion in tax breaks for tech companiesHuawei said in a statement that the Journal relied on "false information" for its reporting, and characterized it as part of a pattern of "disingenuous" reporting on the company.Huawei did not specify the information it claimed to be false, or provide details to substantiate its claim of an ulterior motive behind the Journal's work.

The US government has also sought to persuade allied governments from freezing Huawei out of any role developing 5G data networks. It instead cited very large expenditure on research and development, which it said far outstrips its rivals.

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