As the Chinese ridehailing app prepares for a giant IPO in New York, a look at why one of its biggest obstacles going forward could take place on its home turf.
Listen to SupChina editor-at-large and Sinica podcast host Kaiser Kuo read this article.
When Xi Jinping lined up the leaders of the world’s biggest tech companies for a class photo during his 2015 Seattle visit, the man standing in the top row, second from the left, had plenty of reason to smile. Not only had 32-year-old Cheng Wei been invited to a room full of A-listers — the chief executives of Amazon, Facebook, Apple and Alibaba were all there — but his chief rival, the CEO of U
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Shanghai Micro Electronics Equipment (SMEE) wants to be 'China's ASML' and produce the engineering marvels that help 'print' semiconductor chips. But it seems to be woefully behind that mission, imperiling China’s effort to domesticate chipmaking at a critical time. With a vast network of suppliers and all of China rallying for it to succeed, can it finally catch up?
The former Speaker of the House talks about her long involvement with Chinese issues, why she visited Taiwan and how ‘big money’ interests have dominated the U.S.’s approach to China.
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