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China is home to some of the world’s biggest tech companies, many of which offer services similar to U.S. tech giants. For instance, Baidu (BIDU) is termed as the “Chinese Google,” while Weibo (WB) is the Chinese version of X (formerly Twitter) – which is banned in the communist country, for obvious reasons. Alibaba (BABA) is dubbed the “Amazon (AMZN) of China,” while iQiyi (IQ) is seen as China’s answer to Netflix (NFLX). In the electric vehicle (EV) space, Tesla (TSLA) is the gold standard – not only for U.S.-based companies, but globally. During the heyday of the special purpose acquisition…

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