Aerial view of the construction site of Section 3 of the Mayan Train, in Uman, Yucatan state, Mexico, on August 31, 2023. Mexico has been on the rise with companies looking to move away from China in terms of manufacturing. (RODRIGO OROPEZA/GETTY IMAGES)
A couple of developments related to China rocked tech stocks on Thursday as fears of an aggravation of the trade war between the world’s top two economies intensify. Against his backdrop, venture capitalist Chamath Palihapitiya shared on X data that showed the U.S. diversifying away from China.
Aerial view of the construction site of Section 3 of the Mayan Train, in Uman, Yucatan state, Mexico, on August 31, 2023. Mexico has been on the rise with companies looking to move away from China in terms of manufacturing. (RODRIGO OROPEZA/GETTY IMAGES)
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