China’s Crackdown on Tech Companies Is a Warning to US Investors: Expert

A man walks past an Alibaba sign outside the company's office in Beijing on April 13, 2021. Greg Baker/AFP via Getty Images

U.S. investors and companies need to learn a lesson from Beijing’s recent crackdown on Chinese tech companies, warned Riley Walters, deputy director of the Japan Chair at the Washington-based think tank Hudson Institute.

“Beijing doesn’t want these tech companies’ power to rival that of their own,” Walters said in a recent interview with NTD, an affiliate of The Epoch Times.