China’s Market for Tech Trap Breeds Corruption and Lost IP for Western Firms, Insider Warns

An insider says Tsinghua Unigroup’s collapse exposes China’s ethically bankrupt business culture and warns Western firms still eyeing its market.
China’s Market for Tech Trap Breeds Corruption and Lost IP for Western Firms, Insider Warns
A visitor to the 21st China Beijing International High-Tech Expo looks at a computer chip through a microscope displayed by the state-controlled Tsinghua Unigroup project in Beijing on May 17, 2018. Ng Han Guan/AP Photo
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News Analysis
When a Beijing court gave former Tsinghua Unigroup Chairman Zhao Weiguo a suspended death sentence this May, it did more than bring down a once-lauded billionaire tech mogul.
Sean Tseng
Sean Tseng
Author
Sean Tseng is a Canada-based writer for The Epoch Times focusing on Asia-Pacific news, Chinese business and economy, and U.S.–China relations.