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Published 3 years ago

China defends clampdown on tech firms in a meeting with Wall St execs

Summary by Reuters
China's top securities regulator defended their crackdown on various industries in a private meeting with Wall Street executives, Bloomberg News reported on Saturday. Investors' concerns over the regulatory crackdown has led to sharp sell-offs on China's share markets, reducing the market capitalisation of some of its largest companies including Alibaba Group Holding Limited. China

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