US-China Tech Rivalry Plays Out In Scrutiny of Popular Chinese video ap TikTok
Look for the Washington, DC investigation of the popular Chinese video app TikTok to lead to a bigger crackdown on China’s growing influence and power in the tech economy. As Chinese tech startups have increasingly gone global like TikTok and its parent company ByteDance have, this scrutiny is bound to become more widespread and impact other China entities in the U.S. and cross-border dealmaking.
Plus, a look at which VCs are caught up in this latest crackdown by DC on China tech over censorship and security factors.
Copy From China One of the bigger misconceptions about China’s tech market is that China is all about copying – and stealing ideas.
But if that was ever the case, it certainly isn’t now. China entrepreneurs have proven that they can innovate. In fact, they’ve become so good at it that the West is now copying their ideas. Here are a few recent examples in this Forbes post: