In all honestly from the few products I see that come across the various tech review outlets I follow, Huawei seems to do some decent work. But the whole economic situation with China is complicated...mostly due to their own heavy handed protectionist policies.
From a cursory following, it certainly seems like the Chinese market in particular is biased at regulatory levels against foreign companies.
This is especially true of tech companies. Chinese Internet censors degrade the quality of major US corporations so much that their products are nearly unusable, thus opening opportunities for domestic competitors. We’ve seen this play out with Google/Baidu, Facebook/Weibo, Uber/Didi, Amazon/Alibaba, etc.
Most people see the Great Firewall (GFW) as a tool for suppression of political dissent. However it also serves as an effective tool for economic control, protectionism and favoritism. In college I took a class called “The Next China,” where I argued in my final paper that the GFW serves primarily as a tool for economic control, and only secondarily as a political tool. Realistically, there are arguments to be made that maintaining the GFW is in the best interest of the Chinese state, its economy and its people. It has certainly benefited them so far, as China now has a thriving domestic economy that is becoming more vertically integrated and service-driven every day.
Before anyone gets too upset about this, consider that the US often does the same, albeit on more of a regulatory level than a political one. Some examples are import taxes, financial compliance requirements, and upcoming data regulation. These all serve as tools that implicitly favor domestic companies over foreign ones.
They also dangle the carrot of access to their market in front of Western companies in order to encourage up-front technology and skill transfer. In the end, it's only to benefit their domestic companies as the western ones are eventually hobbled and shut out.
This decision does affect US consumers, but not in a significant way...we still have access to cheap smartphones.
Chinese companies can't have their cake and eat it too!
>Huawei engineers and executives also make regular visits to U.S. carriers to show off new technology, and the potential cost savings are “significant”—sometimes even half off competitors’ prices, says one former U.S. telecom executive.
>U.S. wireless service costs $41 per month per customer on average, according to the data and analytics firm—second only to Canada, which also largely discourages Huawei equipment. In the U.K., where Huawei is allowed but closely scrutinized, the average wireless bill is $23 a month.
https://www.wsj.com/articles/huawei-long-seen-as-spy-threat-...
No, this is something that doesn't exist in reality, or doesn't work to be precise. China is capitalist, in fact more capitalist than pretty much any western country, but only when it comes to domestic market. Towards the west they're ultra protectionist.
Lots of its companies are state-run or otherwise state-owned. It definitely takes some "capitalist" practices to the next level compared to the rest, but it is its own weird thing.