China’s tech industry in for more turbulence


Popular app: A file picture showing a man walking past a sign of ByteDance’s app TikTok at an expo in Hangzhou. The Chinese company is rocking youths the world over with the app known for everything from teenage twerking to singing gummy bears — Reuters

BEIJING: China’s tech industry enters a new year after weathering unprecedented turbulence in 2019, when giants emerged in social media and artificial intelligence only to bear the brunt of Washington’s campaign to contain the world’s No. 2 economy.

There’s little reason to think 2020 will be much different given US efforts to hobble Chinese champions from Huawei Technologies Co to SenseTime Group Ltd deemed a threat to national security.

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