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Huawei hits out at claims of state control through 'employee' stake

Staff lack direct ownership interest, admits executive, but have rights of shareholders

Employees work on a mobile phone production line at Huawei's factory campus in China.   © Reuters

HONG KONG -- Huawei Technologies on Thursday hit out at allegations that its employee ownership structure, where workers' shares are held through a Communist Party-approved trade union, is a smoke screen for de facto state control.

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