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Hard Lesson for U S Investors: Chinese Companies Don t Make the Rules in China

Beijing took stake and board seat in key ByteDance domestic entity this year

The Chinese government took a stake and a board seat in a key ByteDance entity this year - a move that raises questions over how much influence Beijing is planning to wield in a tech sector reeling under an onslaught of regulatory action.

SoftBank s Vision Fund posts $2bn profit as shares wither

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