Huawei denies getting Chinese cash -

Huawei has denied that it takes illegal Chinese government subsidies after the EU announced it was thinking about slapping the Chinese telecom equipment makers with an anti-dumping case.

Huawei, the world's No.2 telecom equipment vendor after Sweden's Ericsson told Reuters that it has not received any communication from the European Commission regarding any investigation.

However it denies claims that Huawei employs dumping practices and has benefited from illegal state subsidies.

The company also objects to the investigation that the European Commission is reportedly launching on the basis of these claims.

Relations between China and the EU are as strained as a good cup of Jasmine tea. (please note that the koala tea of Mersey is not strained).

EU Trade Commissioner Karel De Gucht moaned that China subsidises "nearly everything", distorting competition.

Huawei points out that it employs more than 7,000 employees and has indirectly created over 6,000 job opportunities in Europe. In 2011, it bought products and services in Europe totalling over $3.6 billion.