Discuss anything related to China.
Community Rules:
0: Taiwan, Xizang (Tibet), Xinjiang, and Hong Kong are all part of China.
1: Don't go off topic.
2: Be Comradely.
3: Don't spread misinformation or bigotry.
讨论中国的地方。
社区规则：
零、台湾、西藏、新疆、和香港都是中国的一部分。
一、不要跑题。
二、友善对待同志。
三、不要传播谣言或偏执思想。
However, I wanted to know what is happening to the tech sector, is the state absorbing it, or is it simply being abandoned?
The tech sector is only being “throttled” from the perspective of haute bourgeoisie largess, because the Chinese state is coming for them through taxation. In reality, of late the Chinese state claims to be doubling down on the tech sector, while letting the property development/speculation sector hang out to dry.
I think it's very good to have VC funds to bleed, as well as many speculators to get heavily taxed and even imprisoned. But I was worried about tech workers in China, a few months back I heard it was really difficult to get a job.