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2018 in review

Chinese and US tech giants face growing political risks

Tougher regulations complicate business amid concerns about personal data

Tencent Chief Executive Officer Pony Ma and Alibaba Executive Chairman Jack Ma chat at the end of an event marking the 40th anniversary of China's reform and opening up at the Great Hall of the People in Beijing, China December 18, 2018.   © Reuters

TOKYO -- Major Chinese and U.S. information-technology companies are under growing political pressure around the world amid what has come to be called "techlash" -- a tide of anti-IT mood that has risen in 2018.

The Chinese Communist Party and the government held a ceremony on Dec. 18 to mark the 40th anniversary of the nation's "reform and opening-up" policy and honored businessmen Jack Ma Yun, Pony Ma Huating and others for their "outstanding contributions." 

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