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China's campaign to regulate Big Tech is more than just retaliation

Beijing has legitimate reasons to rein in giants such as Didi and Ant Group

| China
Jack Ma attends the Bund Summit in Shanghai in October 2020: Ma's ill-calculated speech broke the logjam.   © Imaginechina/AP

Martin Chorzempa is a senior fellow with the Peterson Institute for International Economics in Washington.

Today's headlines give the impression that the Chinese government is intent on crushing its innovative internet companies.

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