Huawei got ~$46B in loans from Chinese state lenders, saved $25B in taxes from state incentives, $2B in land discounts, and $1.6B in grants in the last 25 years (Chuin-Wei Yap/Wall Street Journal)
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Chuin-Wei Yap / Wall Street Journal:
Huawei got ~$46B in loans from Chinese state lenders, saved $25B in taxes from state incentives, $2B in land discounts, and $1.6B in grants in the last 25 years — China’s tech champion got as much as $75 billion in tax breaks, financing and cheap resources as it became the world’s top telecom vendor
Huawei got ~B in loans from Chinese state lenders, saved B in taxes from state incentives, B in land discounts, and .6B in grants in the last 25 years (Chuin-Wei Yap/Wall Street Journal)
Source: Tech Meme