Topic: China's biggest private companies are in chaos. It's all part of Beijing's plan

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China's biggest private companies are in chaos. It's all part of Beijing's plan

China's crackdown on private enterprise has wiped out more than $1.2 trillion in market value for many powerful Chinese companies and stoked fears about the future of innovation in the world's second largest economy.

https://www.cnn.com/2021/08/04/tech/china-crackdown-tech-education-mic-intl-hnk/index.html