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21 J. Corp. L. Stud. 1 (2021)

handle is hein.journals/corplstd21 and id is 1 raw text is: JOURNAL OF CORPORATE LAW STUDIES 2021, VOL. 21, NO. 1, 1-38 https://doi.org/10.1080/14735970.2020.1809161 Routledge Taylor & Francis Group Why is Huawei's ownership so strange? A case study of the Chinese corporate and socio-political ecosystem Colin Hawes Faculty of Law, University of Technology Sydney, Sydney, Australia ARTICLE HISTORY Received 29 April 2020; Accepted 6 August 2020 KEYWORDS Huawei; employee shares; corporate ownership; China 1. Introduction The Chinese firm Huawei Technologies claims to be a private corporation con- trolled by its employees and running its operations in a purely commercial way; it also claims that it has no ties to the Chinese military, and the Chinese government does not influence its management except in a normal regulatory fashion.' By contrast, a U.S. Congressional intelligence CONTACT Colin Hawes colin.hawes@uts.edu.au - Faculty of Law, UTS, PO Box 123, Broadway, NSW 2007, Australia 'M Rogers and D Ruppersberger, 'Investigative Report on the U.S. National Security Issues Posed by Chinese Telecommunications Companies Huawei and ZTE' US House of Representatives Permanent Select Committee on Intelligence (8 October 2012) vi-vii <https://intelligence.house.gov/news/ documentsingle.aspx?DocumentlD=96> (hereafter, 'PSC Report') 15, 21. © 2020 Informa UK Limited, trading as Taylor & Francis Group

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