Quotation of the Day: Beijing Reins In Tech Behemoths It Let Run Free - The New York Times

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Thursday, December 24, 2020

“In Chinese culture, if you are a rich guy and you have very strong economic power and social influence, then you are politically dangerous and you need to keep a very low profile to be safe.”

GARY LIU, an independent economist in Shanghai, referring to Jack Ma, the co-founder of the e-commerce giant Alibaba, which became the target of an antimonopoly investigation.

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