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Beijing's regulatory crackdown wipes $1.1 trillion off China's Big Tech

Beijing's regulatory crackdown wipes $1.1 trillion off China's Big Tech

FILE PHOTO: A sign of Antchain, the blockchain technology branch under Ant Group, is seen at Ant Group's booth during the World Artificial Intelligence Conference (WAIC) in Shanghai, China, July 8, 2021. REUTERS/Yilei Sun/File Photo

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