Huawei launched an angry attack on The Wall Street Journal the day after it published an article laying out what it said was $75 billion in state support from China that helped fuel its growth.
$46 billion in loans, lines of credit, and other financing from state lenders
$25 billion in tax breaks for tech companies
$2 billion in discounts on land purchases
$1.6 billion in grants
While it did not deny receiving help from the Chinese state, Huawei said it got no “additional or special treatment” that other companies could not also have accessed.
Yes, and next stop is WTO.
https://www.wto.org/english/thewto_e/whatis_e/tif_e/agrm8_e.htm
The United States, European Union, and Japan have begun a trilateral process to confront the Chinese economic model, including its use of industrial subsidies and deployment of state-owned enterprises. This paper seeks to identify the main areas of tension and to assess the legal-economic challenges to constructing new rules to address the underlying conflict.
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3473890
The best way to address China’s unfair policies and practices Is through a big, bold, comprehensive case at the WTO filed by a broad coalition of countries that share the United States’ substantive concerns about China:
There is a misconception that the WTO Appellate Body’s narrow interpretation of what constitutes a “public body” under the WTO’s Agreement on Subsidies and Countervailing Measures has made it very difficult to regulate SOEs as public bodies. This is less significant now that China has started to assign key governmental functions to many SOEs. Along with the push by the Communist Party of China to install Party Committees in SOEs and to make them the key decision-makers, it becomes much easier to find the exercise of government authority by these SOEs and government control of these firms.
https://theglobalobservatory.org/2019/04/are-new-rules-needed-china-wto/