It is the world's biggest telecommunications company and one of the most innovative. It makes the networks that power the internet and mobile phone networks. If you took a peek, you'd find that Huawei is used by BT and Vodafone as they make the USB dongles that provide mobile internet access. They also now make smartphones.
In other words, can Chinese companies transform innovation into desirable brands? The answer to that will matter for China's future, as the world's richest countries all have that in common - the ability to produce globally competitive companies.