Chinese tech giant Huawei Technologies Co. on Thursday laid out details of its ownership structure in an attempt to rebut critics who have cast doubt on the company’s claim that it is owned and run by its employees.
The complex corporate structure described, however, is unlikely to vanquish concerns that the company isn’t completely independent of Beijing, and it confirms that key powers rest in the hands of its ex-military founder, Ren Zhengfei. Mr. Ren owns just 1% of Huawei’s holding company but has been at the helm for...
Employees of the state.
Liars are always generous in words ,and less jn deeds .
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