CNBC’s The China Connection newsletter: Betting on Shenzhen over Silicon Valley


Source: cnbc.com cnbc.com
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News Snapshot:

MIT graduate Joshua Woodard is living a bold belief. He’s so sure that Shenzhen’s factories will sell tech to the world for the next decade that he left Apple to run supply chain management company The Sparrows in the coastal Chinese city. “A lot of our clients come from the States,” Woodard said. “We get to hear about all the excitement: new form factors for smartphones, new ways of interacting with AI.” “We’re not really going to see India, Vietnam challenge anytime soon,” he said. “Outside the geopolitical sphere, people want to build actual things. There is no other option…

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