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Here's Why American Tech Companies Keep Failing in China
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Aug. 9 -- Uber found out what many other U.S. tech companies realized long ago: China is an alluring trap. Most American web companies including Google, Facebook and Amazon are either banned from China or have flopped there. And their odds of success are only getting slimmer. Bloomberg Gadfly's Shira Ovide explains why it might be time for U.S. web companies to permanently give up on China.
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