The biggest threat to Chinese companies is right at home
The biggest threat to Chinese companies is right at home Barely a month into a new presidency, Chinese companies have eagerly said “ni hao” to the Biden administration. Huawei CEO Ren Zhengfei publically stated he’d welcome a phone call from the new president to discuss [1] “joint development and shared success.” Meanwhile ByteDance [2] reportedly decided to walk away from a deal with Oracle and Wal-Mart to acquire video-sharing app TikTok thanks to the Biden administration’s decision to put all of Trump’s China policies under review. However, while many Chinese companies may be...