Analysis: Chinese tech companies bet big on India. Now they're being shut out

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Chinese tech companies bet big on India. Now they're being shut out | Analysis by Sherisse

Hong Kong India and China's fast-growing tech sectors have been caught in the crossfire of an intense geopolitical standoff this year. While both will suffer from the showdown, Chinese tech companies have more to lose.

Tensions between the two countries have been rising since June, when they engaged in their worst conflict in decades: a bloody clash along a disputed border in the Himalayas that left at least 20 Indian soldiers dead. In the following weeks and months, Indian officials banned apps from Chinese tech giants Bytedance, Alibaba and Tencent , and reportedly restricted embattled telecommunications equipment maker Huawei from participating in India's 5G network.

Asia's richest man wants to build the next tech giant 01:43Smartphone maker Xiaomi invested heavily to build factories in India, and has so far generated employment for some 50,000 Indians, according to local reports. The anti-China sentiment in the country and calls to boycott Chinese products could put those jobs at risk.

 

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Sherisse Good. They should lose everything as the world has with their virus. The China Virus

Sherisse

Sherisse China government Xi is a ......

Sherisse CCP getting shutdown all over. 🇺🇸

Sherisse

Sherisse

Sherisse

Sherisse ZUCKER U WANNA TANGO W UR TRIPLE CHINS? XD

Sherisse YOUR MASTER (CHINA) WILL GET ANGRY WITH YOU BY THIS

Sherisse China and the United States are engaged in a trade war, but we will never reject the investment of the United States. Because that is stupid but behavior.

Sherisse Random shower thought no me asked for Donald Trump was 25 years old when his current wife was born 🤢

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