BEIJING (AP) — Foreign shareholders in China’s tech companies are learning what its entrepreneurs have long known: The ruling Communist Party’s decisions about what is good for the economy can hurt your business. The stock prices of internet giants Tencent and Alibaba and ride-hailing service Didi tumbled after President Xi Jinping’s government launched anti-monopoly and […]
source https://www.seattletimes.com/business/explainer-risks-underlie-tumbling-chinese-company-shares/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology
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