Huawei Bets Big on Lobbyists

Facing an investigation into whether its growth in the U.S. poses a security threat, Huawei, China's biggest phone equipment maker, has quadrupled the money it spends on Washington lobbyists. The company spent more than $800,000 on lobbying from January to June this year, a fourfold increase from the $200,000 it spent during that period a year ago, according to the report. That explosion in spending came after the November 2011 announcement that the House Intelligence Committee had launched an investigation into Chinese phone equipment makers, namely Huawei and ZTE.

Source: http://ectnews.com.feedsportal.com/c/34520/f/632000/s/22d22083/l/0L0Stechnewsworld0N0Crsstory0C760A20A0Bhtml/story01.htm

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