Now the Wall Street Journal reports that, believing his hardline approach is succeeding, Trump is planning to lob more tariffs at China and to block
Chinese tech investment in the U.S. WSJ
Not exact matches
Chinese tech giants are now outright acquiring or taking majority shares in overseas companies, such as Ctrip's (China's leading online travel agency and number two market leader in the world, second only to Priceline) acquisition of the UK's leading travel search site Skyscanner, Tencent's 93 %
investment in U.S. - based gaming company Riot Games and 84 %
investment in Finland - based gaming company Supercell, and Alibaba's 83 % stake in Southeast Asia's online shopping site Lazada.
Chinese firms have been less acquisitive in Canada (the Asia Pacific Foundation's
investment monitor records less than $ 1 billion in
tech deals since 2010) but that's expected to change.
Mobike raised the latest round from
Chinese internet giant Tencent and renowned Silicon Valley
tech investment firm Sequoia Capital, as well as a number of other investors.
More generally, other
Chinese companies will look at strategic
investments in
tech startups, much the way Google and Intel do now through their venture capital arms.
The push by the
tech sector piggybacks on years of state - driven
Chinese investments in infrastructure in Latin America, with a pool of 2,000 companies pouring more than $ 200 billion in the region as of January.
Earlier in the week, S&P Global also sounded alarm bells, placing Sunac's corporate credit rating under CreditWatch negative given the Wanda acquisition, and an earlier $ 2 billion
investment into flailing
Chinese tech firm LeEco.
Campling said fears of the U.S. blocking
Chinese investments in
tech companies showed no sign of going away yet.
Those worried about potential security threats posed by
Chinese investments in sensitive areas (such as high -
tech, communications, and energy) point to Beijing's declared strategy of «going out» to gain technology and resource security as grounds for scrutinizing
Chinese investments.
Treasury prices rose on Tuesday, pushing yields higher, as fears over the U.S.'s protectionist policies makes a return on reports that the White House may crack down on
Chinese investments in American
tech companies.
The European Parliament is currently examining a 2017 proposal from Commission President Jean - Claude Juncker to start screening
Chinese investments in the hi -
tech or infrastructure sectors.
The dream of a Malaysian version of Shenzhen — largely funded by
Chinese developers and buyers — with hotels, offices, golf courses,
tech parks and thousands of ritzy new apartments, is having to adapt after China's government clamped down on an exodus of money for
investment in overseas property.
The «remedy» also includes instructions for the Treasury Department to publish new
investment rules that will make it harder for
Chinese companies to purchase U.S. technology and U.S.
tech companies.
HONG KONG (Reuters)- Dalian Wanda Group's commercial property arm has snagged a $ 5.4 billion
investment from a group led by
tech giant Tencent Holdings, one of the
Chinese conglomerate's biggest deals aimed at easing financial strains and streamlining operations.
The fund, Shanghai - based NIO Capital's first dollar fund, will complement its onshore
investments by focusing on foreign
tech start - ups and
Chinese firms using overseas structures such as variable - interest entities, the people said.
That probe, widely expected to conclude that China is treating U.S. companies unfairly, could lead to new restrictions on
Chinese investment in high -
tech U.S. industries, several analysts said.
Popular gay dating app Grindr has agreed to a major
investment from
Chinese gaming firm Beijing Kunlun
Tech.
Mobile gaming has become hugely popular in China thanks to the increase in affordable smartphones and continued
investment in software and services from
Chinese tech companies.
Bitcoin Headlines — The Blockchain Will Do to Banks and Law Firms What the Internet Did to Media; Bitcoin Projects on Github Surpass 10,000; Bitstamp Partners with Banking Giant for Bitcoin
Investment On - Ramp; Bitcoin Startup Align Raises $ 24 Million, Rebrands as Veem; A South Korean Province Used Blockchain
Tech for Resident Voting; Cash vs Gold vs Bitcoin; Will the Internet of Things Need Its Own Blockchain; Law Firms Woo London's Fintech Scene and
Chinese Exchanges to Resume Bitcoin Withdrawals Pending Regulator Approval.
The 45 - year - old Sequoia which is famous for investing in huge
tech brands like Apple, Google, and AirBnB backed the round in Airwallex, making its
Chinese arm's first
investment.
If recent reports are accurate, electric car startup Faraday Future recently netted a $ 1 billion
investment and, in turn, named
Chinese tech entrepreneur Jia Yueting its CEO.
The Kushner brothers have counted the Russian billionaire
tech investor Yuri Milner and the
Chinese billionaire founder of Alibaba, Jack Ma, as investors in another endeavor — Cadre, a
tech - savvy real estate
investment company they started with a friend.
The neural engine is likely being developed following Samsung's
investment in
Chinese DeePhi
Tech, which specialises in artificial intelligence and deep learning algorithms.
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