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PBOC adviser says China should strengthen regulation on tech companies

PBOC adviser says China should strengthen regulation on tech companies People’s Bank of China member of the monetary policy committee Cai Fang, speaking with state media, Securities Times – should strengthen efforts to control the expansion of technology companies – because the development of internet platforms leads to a “winner takes all” dynamic – which leads to rising inequality, slows the growth of the economy Earlier posts along the same line:…

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