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by thecleaner
2720 days ago
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China is definitely quite a competitive economy in the technology space. I wouldnt say its the next SV. Rather would group it as its own class. Most of the businesses grew out of protectionism offered by thr Chinese govt but noe they seem to have made it. |
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And just last year the US blocked Qualcomm being sold to a Chinese company: https://qz.com/1227509/trump-just-blocked-broadcoms-attempt-...
Of course, as the US now has a extraordinarily strong advantage in the sector it doesn't have to flex that muscle as often. But it does flex it when needed.