Some mainland China tech entrepreneurs are trying to gain permanent residency or citizenship outside of China to avoid US curbs and biases against Chinese firms
For the ambitious Chinese tech entrepreneur, expanding into the U.S. just keeps getting harder.
Chinese tech entrepreneurs keen to ‘de-China’ as tensions with US soar https://www.reuters.com/... “It's very unfair,” he said, lamenting that competitors from other countries did not face similar issues when trying to expand into the United States.
Doing business overseas was a good alternative for mainland Chinese tech entrepreneurs dismayed by China's regulatory crackdowns, but with worsening US-China ties, they feel caught in the middle. Many are seeking citizenship abroad to avoid suspicion. https://www.reuters.com/...
If you are eating someone (rich)'s lunch & they really don't like it, pretty sure founder getting permanent residency in another country doesn't help, as Shein has now figured out Chinese tech entrepreneurs keen to ‘de-China’ as tensions with US soar https://www.reuters.com/...