In the News: Tech Entrepreneurs Leaving China to Expand into US; Hong Kong Launches its New Crypto Regime; and China Proposes New Rules to Reduce Private Fund Risks

June 07, 2023 | BY

Clarence Lee

Chinese tech entrepreneurs are considering moving out of China in order to overcome U.S. tech restrictions; Hong Kong publishes guidelines for virtual asset operators and the licensing process; and China's proposal to impose restrictions on private securities funds causes controversy.

Promulgated: 2023-05-30

Andreas Prott/Adobe Stock

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Chinese Tech Entrepreneurs Eager to Expand into U.S. Despite Challenges

Many Chinese tech entrepreneurs are moving their operations abroad in an attempt to continue doing business in the U.S., according to Reuters.

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