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China's Tech Crackdown

Business Daily

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China's Financial Markets Are at Cross Purposes

Republican senator marco rubio is among several members of congress urging tougher regulator reaction against chinese firms. He reckons they are an arm of the ruling communist party. In the wake of comments like these and those coming from bejing, chinese tech firms have had billions wiped from their share valuations. Many reckon their position on foreign markets like wall street may become untenable.

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