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China’s pretenders out-smarted the originals

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China’s pretenders out-smarted the originals

An increasing number of Western internet firms are calling it quits in the world’s second largest economy, but analysts say local competition may be more to blame than the pandemic and increased regulations.

https://www.scmp.com/tech/big-tech/article/3181275/chinas-hostile-environment-western-tech-pushed-out-amazon-and-airbnb

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