Report: Chinese Tech Companies Lost over $1 Trillion During Two-Year Crackdown

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Jul 12, 2023

Report: Chinese Tech Companies Lost over $1 Trillion During Two-Year Crackdown

Data produced by British-American financial analysis firm Refinitv on Wednesday found China’s leading tech companies lost about $1.1 trillion in market value during the Chinese Communist Party’s two-year regulatory crackdown on the industry.

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