Uber's surrender and the humbling of U.S. tech giants in China

Uber's surrender and the humbling of U.S. tech giants in China

The Uber app logo is seen on a smartphone | Photo: Bloomberg

Not so long ago, American tech giants viewed China as theirs for the taking: 1.4 billion people, a growing middle class, an affinity for American pop culture from Titanic and Friends to Michael Jackson. And, apparently, a tendency to see U.S. goods and services as attractive or superior.

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