Venture capitalist Tim Draper is looking toward Taiwan after his decision to stop investing in China
Silicon Valley investor is looking toward Taiwan, while dismissing China’s Xi Jinping as a ‘weak leader’ for tightening controls on businessJoyu WangTAIPEI—Tim Draper, a venture capitalist known for his early bets in Elon Musk’s Tesla Inc. and SpaceX, is feeling good about his decision to stop investing in China.
In an interview in Taiwan, where he is pursuing new investments, Mr. Draper slammed China’s Xi Jinping, whom he called a “weak leader,” saying the country is going backward after more than four decades of former leader Deng Xiaoping’s “reform and opening up” policy.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tim Draper still positive on $250K Bitcoin price prediction in 2023Some people are still thinking bullish. Billionaire venture capitalist and serial blockchain investor TimDraper is not giving up on his near-term Bitcoin prediction of $250K in 2023 despite the recent issues in the cryptocurrency industry.
Read more »
$250,000 per Bitcoin? Tim Draper Explains Why He Still Stands by His Bullish PredictionProminent venture capitalist Tim Draper continues to stand by his uber-bullish Bitcoin price prediction
Read more »
Xi, Kishida meet as tensions grow over Taiwan, East China SeaJapanese Prime Minister Fumio Kishida said he conveyed concerns over regional security to Chinese leader Xi Jinping on Thursday amid growing tensions in Asia over China's maritime ambitions.
Read more »
Taiwan invasion would be ‘dangerous game’ for China, top US general warns“For someone who has a military that hasn’t fought in combat since fighting the Vietnamese in 1979, they would be playing a very, very dangerous game to cross the [Taiwan] Strait and in…
Read more »
Top US general: China invading Taiwan a 'mistake' like Russia in Ukraine'It would be a political mistake, a geopolitical mistake, a strategic mistake,' says Mark Milley, adding Beijing People's Liberation Army 'doesn't have the experience, the background to do it.'
Read more »
Gen. Mark Milley: Russian woes in Ukraine should be a lesson for China on TaiwanThe Pentagon’s top general said China should carefully consider how poorly Russia is faring so far in its military operation against Ukraine as it contemplates any amphibious assault on Taiwan.
Read more »