Alibaba, Tencent, and other Chinese tech giants have struck a truce with the government, accepting lower growth and more controls as China eases its crackdown (Bloomberg)

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Bloomberg:
Alibaba, Tencent, and other Chinese tech giants have struck a truce with the government, accepting lower growth and more controls as China eases its crackdown  —  In China, 2022 was the year Big Tech changed.  Succumbing to a government crackdown and a pandemic that refused to go away …

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