ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/chinese-tech-giants” target=”_blank”>Chinese tech giants Tencent and ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/douyin” target=”_blank”>Douyin, TikTok’s sister app in China, have in the past two days launched programs to help Chinese exporters sell their goods domestically, amid an escalating US-China trade war.
ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/tencent” target=”_blank”>Tencent said on Thursday its program aimed to create 100 billion yuan ($13.7 billion) in sales for China’s beleaguered export-dependent firms by helping them set up domestic-facing operations, as well as tap Southeast Asian markets.
Tencent and Douyin, which operate large ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/e-commerce-platforms” target=”_blank”>e-commerce platforms, are the latest Chinese conglomerates to announce…
