Huawei is making huge moves into the semiconductor manufacturing industry.
If you're wondering how can a private company have so much resources, here's Huawei's secret to success.
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Habo is the investment arm of Huawei.
As a company determined to help China to achieve technology and supply chain independence; Habo Investment seek out partnerships with provincial governments, who funds Huawei directed projects in strategic industries.
Huawei would identify weak points in our supply chain and use their relationship with the state to directing funding towards that sub-category of industry.
Huawei as a patriotic company with social responsibilities, do not seek monopoly, even when they are capable of it.
1️⃣Industrial foundation during Mao era, with Soviet help, which was the biggest organized industry transfer in history.
2️⃣Reform & opening up, building up the biggest foreign-exchange reserve.
Why India doesn't have any of these 2.
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The "experts" that claims India will match China are simply delusional, and do not fundamentally understand what made China successful.
The steep wealth increase in China was the INDIRECT result of the 2 things mentioned above.
The most direct increase in wealth among Chinese families are actually the property value.
Housing in its essence is just a wooden or concrete box, its real value exists in the location and services near it (schools, healthcare, transport and job opportunities).