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June 18, 2011 02:05 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/5IZ5WbP5rmw/Huawei-Calls-Charge-of-Unfair-Government-Help-Hogwash
Huawei Calls Charge of Unfair Government Help 'Hogwash'
itwbennett writes "Huawei's $30 billion credit line from the Chinese Development Bank gives it an unfair advantage over rivals, said U.S. Export-Import Bank Chairman and President Fred Hochberg in a speech Wednesday at the Center for American Progress in Washington, D.C. 'The reality is [that] opaque state-directed capital allows foreign governments to target their financing at specific sectors and companies, while aggressively grabbing market share in an attempt to dominate a market,' Hochberg said. Responding to the charges, a Huawei spokesman called the charge 'hogwash.'" 
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Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/5IZ5WbP5rmw/Huawei-Calls-Charge-of-Unfair-Government-Help-Hogwash
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