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Axios
Axios
World

China's top leaders signal reprieve for tech companies

Chinese regulators are signaling they may ease a year-long crackdown on Chinese tech giants as the country's leaders prioritize shoring up a flagging economy.

Why it matters: Loosening restrictions on one of China's most vibrant sectors could remove one source of downward pressure on an economy gutted by COVID lockdowns. But it could also slow progress towards Chinese President Xi Jinping's goal of restructuring a major sector of the economy.


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