US tech giants Apple and Tesla face increased competition and pressure from Beijing in China.

American tech giants Apple and Tesla face a challenging business environment in China as they grapple with rising local competition and mounting pressure from Beijing. Once seen as a land of opportunity for US tech companies, China now endorses an uber-nationalist stance, leading to soured sentiment towards Western business and a preference for domestic alternatives. This has created a dangerous race to the bottom as US companies seek to win over Chinese consumers.