Remember how China turned its tech industry into a smoking ruin - make making them all submit to political priorities:

Ant Group: China halted Ant’s IPO and forced a restructuring

Alibaba: China fined and politically disciplined Alibaba

Didi: China punished Didi after its US listing by removing its apps, freezing users, forcing delisting

Tutoring platforms: banned profit from core school-subject tutoring.

Tencent gaming: restricted youth gaming froze approvals

NetEase and gaming companies: licence freeze stopped game companies from shipping games.

Meituan: fined Meituan and forced changes to its labour and platform model.

Huya/DouYu: blocked Tencent’s game-streaming merger, stopping commercial consolidation in a major entertainment market.

Boss Zhipin / Full Truck Alliance: froze new users after listging in the US

Crypto companbies: banned crypto trading and mining, forcing exchanges offshore.

Think it's not happening to the US?

tourism - people afraid to visit

tariffs - wrecking ball to all businesses

defence - why would anyone buy US weapons after Greenland and Canada

internet clouds - Greenland made Europe decide that the US clouds can't be trusted, now sovereign computing matters and MS/AWS/Google are feeling it

finance - no one trusts the US not to turn people into "non members of global society" by banning them from visa and credit card and banking systems