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Government Trade War Threatens U.S.-China Technology Sectors

Nov. 21, 2019, 5:58 AM

While the U.S-China trade war rages on, the tensions are exposing growing rifts between China and Silicon Valley.

Leading venture capitalists and startup founders expressed concern over their governments’ fierce differences and the potential fallout. Among the dangers are a decline in cross-border investment, disruption in the supply chain and decreased collaboration in fields like artificial intelligence, wireless technology and cancer research.

Signs of trouble are emerging in everything from venture capital to movie-making. Fundraising for dollar-based venture capital funds in China is down 75%, estimates Qiming Venture Partners’ founding partner Gary Rieschel. Olivia Hao, an executive at...

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