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Lacking a better game plan, Beijing will pick off more industries

Need for action on wealth gap underlies squeeze on internet platforms

| China
Zhang Yiming, founder of ByteDance, pictured in Palo Alto, California, in March 2020: the squeeze on tech entrepreneurs to donate their wealth serves multiple goals.   © Reuters

Dexter Roberts is a senior fellow with the Asia Security Initiative of the Atlantic Council and the author of "The Myth of Chinese Capitalism: The Worker, The Factory and The Future of the World."

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