Evelyn Cheng

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Senior Correspondent, CNBC

Business and Finance, China, U.S.

As seen in: CNBC, LinkedIn, MSN, MSN Canada, MSN Ireland, MSN Singapore, MSN Malaysia, MSN Money Canada, MSN Philippines, USA Today, Yahoo News and

@CNBC, New Yorker in Beijing. NYU grad. Remember all those not on Twitter.

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A Chinese start-up's unfolding dilemma exposes cracks in Beijing's tech funding machine Original

Jun 11, 2026 |

By Anniek Yunxin Bao , Evelyn Cheng

| CNBC

HANGZHOU, CHINA - JUNE 02: General Secretary of the Lao People's Revolutionary Party Central Committee and Lao President Thongloun Sisoulith watches DR02 humanoid robot performance at Deep Robotics on June 2, 2026 in Hangzhou, Zhejiang Province of China. Wang Gang | China News Service | Getty Images The rush of capital into China's tech start-up world hit a speed bump this month.

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A Chinese start-up's unfolding dilemma exposes cracks in Beijing's tech funding machine

Jun 11, 2026 |

By Anniek Yunxin Bao , Evelyn Cheng

| Flipboard

Canada 2 hours ago Chinese firm buys Palliser Furniture months after Winnipeg company complains of unfair Asian trade practices CBC News - Bartley Kives • 2h China-based MotoMotion Furniture acquired Palliser Furniture in May — three months after the struggling Winnipeg manufacturer complained Canada … World News 15 hours ago iFixit Trump phone teardown confirms it’s an HTC dupe The Verge - Dominic Preston • 15h The T1 Phone’s internals are almost identical to the ‘made in China’ U24 Pro’s.

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KKR says AI productivity boom to keep on going — but warns of 'extreme' trend not seen since the 19th century

Jun 11, 2026 |

By Evelyn Cheng

| MSN

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Articles

A Chinese start-up's unfolding dilemma exposes cracks in Beijing's tech funding machine Original

A Chinese start-up's unfolding dilemma exposes cracks in Beijing's tech funding machine

KKR says AI productivity boom to keep on going — but warns of 'extreme' trend not seen since the 19th century

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