News Snapshot:
The [TechCrunch Global Affairs Project](//techcrunch.com/2021/10/23/introducing-the-techcrunch-global-affairs-project/) examines the increasingly intertwined relationship between the tech sector and global politics. This is the second in a pair of articles comparing the impact of the U.S. and Chinese tech crackdowns. Yesterday, Special Series Editor Scott Bade wrote about the geopolitical consequences of each country’s respective approaches. In this piece, Nathan Picarsic and Emily de La Bruyère examine how China’s “techlash” is driven by domestic politics. In November 2020, Chinese regulators abruptly suspended Ant Group’s IPO in Hong Kong and Shanghai. In July 2021, immediately after ride-hailing service Didi went public on the New York...
