Cybersecurity

China’s Internet Moguls See Chance to Capitalize on Era of Trump

  • Baidu CEO reckons Silicon Valley may be ripe for poaching
  • Xiaomi’s Lei Jun makes a case for better business relations

What Does a Trump Presidency Mean for Silicon Valley?

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President-elect Donald Trump made the vilification of China a key plank of his stormy campaign. Yet its technology giants are already figuring out how they can profit off his victorious White House bid, from the chance to poach disillusioned Silicon Valley workers to possibly cementing business ties with a more pragmatic U.S.

For starters, they could swell their ranks of prized tech talent. If the former reality TV star makes good on a pledge to bar foreign workers, some of the tens of thousands of overseas-born workers now plying their trade in the Valley could instead consider a career in the world’s second largest economy, said Robin Li, the billionaire chief executive of Baidu Inc.