China's tech crackdown cost over $1 trillion. But the economy is in such deep trouble that the country's cozying up to its tech firms again. (www.businessinsider.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

5 comments fedilink hide all child comments

China's tech crackdown cost over $1 trillion. But the economy is in such deep trouble that the country's cozying up to its tech firms again.::Local governments in China are wooing deals with tech giants to build on the so-called "platform economy," per the SCMP.

you are viewing a single comment's thread
view the rest of the comments

[-] TanakaAsuka@sh.itjust.works 9 points 1 year ago

People have been saying the Chinese economy is a year or two away from complete collapse for the past few decades, each time for a different reason. I'll believe it when it actually happens.

this post was submitted on 31 Jul 2023

54 points (90.9% liked)

Technology

58143 readers

4462 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS