Chinese technology startups prefer now Southeast Asia


Chinese technology start-ups decided to expand their production in Southeast Asia because of the concerns about the effects of the US-Chinese trade war, the South China Morning Post writes. It is noted that such changes in preferences may further reduce the number of Chinese companies attracted to the US markets. During the IPO, Chinese technology companies have attracted more than $20 billion since the beginning of the year. According to Dealogic, this amount is about a third of the total attraction of technology companies in the world. During the same period in the US, 21 companies attracted a little over 6 billion dollars.

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