Well, looky thar. It's Xi, the control freak. Daddy Wanzhou has been grooming his daughter Med to step into his shoes.
...Meng, 46, is chief financial officer of a company with revenues close to $100 billion. Her father Ren Zhengfei, 74, is a former officer of the People's Liberation Army (PLA). Meng holds multiple passports and owns two luxury homes in Vancouver.
While her father's military background immediately raises flags outside China, the truth is that Ren has skillfully piloted the company, preventing the government from intervening too much and enjoying a certain degree of autonomy. This was the secret of Huawei's success....
The idea there are civilian oligarchs in any communist country that are completely autonomous, is grossly underestimating the power of the communist government. There are no wealthy Russians or Chinese that do not answer to their governments. Recently, China has curbed the investment outside the country because the money is not securing the Chinese mainland so much as exploiting the wealth of The West. Which brings me to my point at the end of this event.
...Military-civilian integration is a strategy designed to increase China's national power by mobilizing and incorporating all advanced technologies held by the PLA, the national government as well as state-run and private companies.
The strategy is spearheaded by Xi, who simultaneously serves as the top official of the Chinese military, the Chinese Communist Party and the state. It has been pursued in tandem with a bold organizational reform of the military...
By Julian E. Barnes and Adam Satarino
Chinese President Xi Jinping (click here) inspects troops during a military parade to commemorate the 90th anniversary of the People's Liberation Army, at Zhurihe training base in Inner Mongolia on July 30, 2017. China's military has the "confidence and capability" to bolster the country's rise into a world power, Xi said
Washington — The Trump administration’s aggressive campaign (click here) to prevent countries from using Huawei and other Chinese telecommunications equipment in their next-generation wireless networks has faltered, with even some of America’s closest allies rejecting the United States’ argument that the companies pose a security threat.
Over the past several months, American officials have tried to pressure, scold and, increasingly, threaten other nations that are considering using Huawei in building fifth-generation, or 5G, wireless networks. Mike Pompeo, the secretary of state, has pledged to withhold intelligence from nations that continue to use Chinese telecom equipment. The American ambassador to Germany cautioned Berlin this month that the United States would curtail intelligence sharing if that country used Huawei.
The warnings stem from the United States’ concern that Huawei and other Chinese telecom companies are a significant security threat given Beijing’s control over the industry. Top officials have pointed to new Chinese security laws that require Huawei and other companies to provide information to intelligence officials, arguing China could gain access to the vast amounts of data that will ultimately travel over 5G, allowing Beijing to spy on companies, individuals and governments — an accusation Huawei has vehemently denied....
