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Over the past few months, the Chinese Communist Party has been cracking down on tech companies. If you're one of those people who are trying to read the tea leaves, you may be confused as to what kind of message the Chinese Communist Party is trying to send with these crackdowns. Watch this episode of China Uncensored for the regulatory drama playing out behind closed doors, what the communist party leadership has to do with this, and how investment banks are responding to it all, writes China Uncensored.
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I am exceedingly happy that these companies are getting screwed for sleeping with the CCP. Serves them right.