The Business Times
SUBSCRIBERS

Chinese drones in Silicon Valley show governments' startup fever

China knows how to get deeply involved in its startups while testing them in the US market

Published Fri, Nov 6, 2015 · 09:50 PM

New York

EHANG, a Chinese drone maker, raised money in the US from online crowdfunding and venture capitalists. Back home in Guangzhou, the government pays its rent. Marketed in the US as playthings for a 12-year-old, the drones sell in China as state-subsidised surveillance tools used by police departments.

A public-private blend, Ehang is either a dilemma or a model for states around the globe seeking to recrea…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Technology

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here