Most tech companies are still making mountains of money in China, it's just that they are making a lot less than they'd like. The advertising forms sell space

Most tech companies are still making mountains of money in China, it's just that they are making a lot less than they'd like. The advertising forms sell space to Chinese advertisers, the hardware forms sell their hardware, the software firms... See their software used everywhere, but only sometimes getting paid for it, and are chomping at the bit to turn that around. SAAS vendors are largely getting the short end of the stick, but most of them also make money from one of the fields above. Cultural exports, mostly in the form of films, of course, are also booming. If the US, the EU, China, or India says 'jump', most of them will, after complaining about it, eventually ask 'how high'? That's just the nature of the business. (And is why they also have extensive lobbying operations.)