Chinese tech hub Shenzhen becomes key trade war battleground as US strikes at Huawei, its ‘dragon’s head’
2019-06-10 10:55:15 source：South China Morning Post
June 10, 2019
In the restaurants and coffee shops at the heart of southern China’s hi-tech powerhouse the main topics of conversation have shifted from industry gossip such as IPOs, mergers and innovations to the trade war with the US and Washington’s campaign against Huawei.
So all-consuming has the topic become in Yuehai – the western district of Shenzhen that houses the social media giant Tencent, telecoms maker ZTE and drone maker DJI – that locals joke that it seems more like a trade war between the US and the city, or even the district, itself.
Over the past 40 years, Shenzhen has been transformed from a sleepy fishing village just across the border from Hong Kong to a city of more than 12 million people where the hi-tech sector accounts for just over a third of its gross domestic product.
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