Angela Zhang, an authority on Chinese tech regulation and author of "The High Wire," shares her insights on China's complex regulatory landscape. She discusses how antitrust enforcement has impacted major companies like Alibaba and led to unintended market consequences. The conversation also touches on China's approach to regulating AI, balancing technological growth with content control. Additionally, Zhang explores the strategic shifts in investments influenced by these regulations, particularly as China aims to rival the U.S. in innovation.