When entrepreneurship is discouraged, all of China suffers

Source: China – South China Morning PostThe era of exceptional growth in China’s tech sector is drawing to an end, as evidenced by the widespread revenue slowdown, profit decline and job cuts among the country’s once-high-flying tech champions.The implications of crushed enthusiasm for the tech sector could go beyond just a direct hit on stock market valuation; it could have a lasting impact on China’s social ideology and the country’s future direction.Among the many casualties of a tech sector clampdown in China is entrepreneurship,…Read More

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