Inside China Tech: Kuaishou’s imminent IPO, US-China tech war heats up, and the downside to tech dependence

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Tech war heats upA group led by former Google CEO Eric Schmidt says Washington needs to manage “asymmetric competition” with China when it comes to technology and that a certain degree of “bifurcation” would be in US interests.The CSG, formed in July 2020 to tackle “the most difficult questions regarding US competitiveness with China on technology” also includes Jared Cohen, the chief executive of Jigsaw and a former adviser to former US secretaries of state Condoleezza Rice and Hillary Clinton…

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