Tech in China is sometimes thought of as a scene of copy cats and clones. Alibaba is China’s eBay, the saying goes, Baidu is the nation’s Google and Sina Weibo its Twitter.
That reputation is slowly becoming outdated, but there is still one way in which China’s biggest internet companies resemble their western counterparts – the huge influence they can wield over the nation’s start-ups.
This is sometimes in the role of benefactor. The tech sector in China is old enough for some founders to have seen their start-ups grow into corporations worth billions of dollars and for others to have cashed out richer and more experienced.
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