Global prospects dim for China’s tech champions as great powers clash – ZAWYA

  • Date: 27-Jul-2020
  • Source: Zawya
  • Sector:Economy
  • Country:UAE
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Global prospects dim for China’s tech champions as great powers clash – ZAWYA

global prospects dim for china's tech champions as great powers clash top tech players see contracts cancelled, products banned    shanghai/beijing: huawei technologies' founder ren zhengfei's global ambitions are marked in bricks and mortar at a new company campus in southern china, where the buildings are replicas from european cities.zhang yiming, founder of bytedance, the operator of short video app tiktok, has plastered his beijing headquarters with posters including a cover of former google ceo eric schmidt's book "how google works", and has long said he will build a global firm that can compete with u.s. tech giants.but the two companies which best exemplify china's ambitions to challenge u.s. tech dominance are now stymied by strains in relations between china and countries including the united states, india, australia and britain.zhang yiming, founder of bytedance, the operator of short video app tiktok, has plastered his beijing headquarters with posters including a cover of former google ceo eric schmidt's book "how google works", and has long said he will build a global firm that can compete with u.s. tech giants.shanghai/beijing: huawei technologies' founder ren zhengfei's global ambitions are marked in bricks and mortar at a new company campus in southern china, where