China’s blacklist of defaulters now includes an entrepreneur who took on Apple and Tesla

Few Chinese tech entrepreneurs have been thought of as “China’s Steve Jobs,” but Jia Yueting was one of them (paywall). The 44-year-old founder of tech company LeEco vowed to build an empire to rival Apple, Netflix, Amazon, and Tesla all at once. Just over a year ago, LeEco made an overblown US debut involving phones, cars, TVs, and movies.

“We’ve created the world’s first open-loop ecosystem,” Jia said while onstage in San Francisco. “In the internet content domain, we’ve...

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