Thinking About China
Opinion

China’s $1.1 Trillion Tech Crackdown Reveals an Existential Threat

China’s $1.1 Trillion Tech Crackdown Reveals an Existential Threat
A man walks past the New York Stock Exchange on Wall Street in New York City on May 10, 2021. Angela Weiss/AFP via Getty Images
Anders Corr
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Commentary
Six Chinese technology stocks lost $1.1 trillion worth of market value since they peaked in February, more than a 40 percent drop, according to The Wall Street Journal. U.S. institutional investors, with more than $2.3 trillion in the country, are rightly concerned.
Anders Corr
Anders Corr
Author
Anders Corr has a bachelor's/master's in political science from Yale University (2001) and a doctorate in government from Harvard University (2008). He is a principal at Corr Analytics Inc. and publisher of the Journal of Political Risk, and has conducted extensive research in North America, Europe, and Asia. His latest books are “The Concentration of Power: Institutionalization, Hierarchy, and Hegemony” (2021) and “Great Powers, Grand Strategies: the New Game in the South China Sea" (2018).
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