The tug of war between China and the US on how the possible US ban of Tiktok makes China’s entrepreneurs – especially those in tech – to rethink its involvement in the American market, says business analyst Ben Cavender to Jing Travel.
Jing Travel:
If it happens, the TikTok ban would likely cool the ambitions of Chinese companies looking to launch or expand operations in the U.S.
“This is one more sign the U.S. is a hostile business environment, especially in the tech space,” says Ben Cavender, Managing Director at China Market Research Group. “There’s a feeling amongst Chinese executives that the U.S. isn’t worth the bother. Better to focus on growth at home and winning high potential markets lacking strong domestic players. In Southeast Asia, for example.”
Ben Cavender is a speaker at the China Speakers Bureau. Do you need him at your (online) meeting or conference? Do get in touch or fill in our speakers’ request form.
Are you looking for more experts on the ongoing trade war between China and the US? Do check out this list.
